Gold rises amid worry about second wave in pandemic
Fresh outbreak of coronavirus in the US particularly is driving safe-haven buying, analyst says
29 June 2020 - 07:30
Gold prices rose on Monday as worries over a surge in fresh Covid-19 infections globally dented investor optimism about a swift economic rebound and drove investors towards the safe-haven metal.
Spot gold was up 0.2% at $1,773.43 per ounce by 4.59am. Prices were $5.63 shy of a near eight-year high of $1,779.06, hit last week. US gold futures rose 0.1% to $1,781.60...
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