Gold down as Japanese equities rise on news of stimulus plan
Play into risk assets supports risk appetite and diminishes appeal for metal in short term, analyst says
25 May 2020 - 07:33
Bengaluru — Gold declined on Monday as Japanese equities rose on news of a potential stimulus programme that boosted investors’ risk appetite, though fresh tensions over Hong Kong limited the metal’s fall.
Spot gold fell 0.4% to $1,728.06 per ounce by 4.52am. US gold futures were down 0.4% at $1,728.50...
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