Stronger dollar takes shine off gold
Investors take shelter in the dollar while awaiting US non-farm payrolls data
03 April 2020 - 07:59
Bengaluru — Gold was little changed on Friday as investors awaited US non-farm payrolls data for further cues on the economic effect of the coronavirus, while a stronger dollar capped the gains.
Spot gold rose 0.1% to $1,613.32/oz by 4.22am GMT, after a near 1.5% jump on Thursday as record high US jobless claims intensified fears about economic damage due to the virus and drove investors towards the safe-haven metal...
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