Gold price languishes near weekly low ahead of US GDP; geopolitics lend support

Gold price (XAU/USD) ticks higher during the Asian session on Thursday and reverses a part of the previous day's heavy losses to a multi-day low, albeit it lacks bullish conviction. The US Dollar (USD) struggles to capitalize on the overnight bounce from over a one-week low and remains below its highest level since December 13 touched on Tuesday.

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