Gold rally ends on stronger US dollar
Spot gold slips from nearly nine-year high as investors embrace the greenback
10 July 2020 - 08:10
Gold prices retreated on Thursday, a day after vaulting to nearly nine-year highs, as investors embraced the safe-haven greenback in the face of record US coronavirus cases.
Spot gold fell 0.6% to $1,799.23/oz by 5.36pm GMT, having surged to its highest since September 2011 at $1,817.71/oz on Wednesday. US gold futures settled down 0.9% at $1,803.8/oz...
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