Gold nudged lower in rush for liquidity with dollar firming
Huge stimulus measures by global central banks and governments will keep gold supported, according to analysts
22 April 2020 - 08:00
Bengaluru — Gold prices inched lower on Wednesday as a stronger dollar and dash for cash after a historic rout in US crude oil futures curbed demand for the safe-haven asset.
Spot gold eased 0.2% to $1,683.08/oz by 0347 GMT, after touching a near two-week low on Tuesday as the oil rout triggered a panic sell-off in wider markets, fuelling a rush for liquidity...
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