Gold at one-month high amid rising fear of virus
Risk aversion is boosting bullion while growth-exposed currencies and share markets are under pressure, analyst says
22 June 2020 - 07:24
Bengaluru — Gold jumped to its highest in more than a month on Monday as investors sought the safe-haven metal after surging coronavirus cases intensified concerns over a delay in global economic recovery.
Spot gold was up 0.5% at $1,750.91 per ounce by 6.37am after hitting its highest since May 18. US gold futures rose 0.8% to $1,766.90...
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