PRECIOUS-Gold drifts on growth hopes; Asia buying lends support
* Physical buying in Asia not enough to offset ETF outflow * Spot gold may rise to $1,589-$1,597/oz - technicals * Coming up: U.S. factory orders; 1500 GMT By Rujun Shen SINGAPORE, March 6 (Reuters) - Gold traded in a narrow range and hovered around $1,575 an ounce on Wednesday, evoking little interest from investors who switched to riskier assets as confidence in the global economy grew. A strong stock market grabbed the attention of investors, with the Dow Jones industria
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