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Gold rises as Evergrande fears persist, market on standby for Fed

Macro Roundup (Sep 22)_SMM | Shanghai Non ferrous Metals

Dollar edges up on safety bid, and Evergrande nerves weigh on offshore yuan. The offshore Chinese yuan weakened versus the greenback to its lowest level in nearly a month on Monday, as worries about the repercussions from property developer Evergrande’s solvency issues spooked financial markets and lifted safe-haven currencies.

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