Expectations of jump in US jobless claims pushes gold down
US exchange operator CME announced a new gold futures contract to combat price volatility caused by the shutdown of gold supply routes
26 March 2020 - 08:47
Bengaluru — Gold prices fell on Thursday as expectations of a surge in US jobless claims due to the coronavirus outbreak eclipsed a huge US stimulus package and kept alive a rush for cash among investors.
Spot gold fell 0.8% to $1,600.22/oz by 5.08am GMT, after falling 1% earlier in the session...
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