Gold remains firm as fears over rising Covid-19 cases offset brighter Chinese data
US-Sino tensions are also weighing on global sentiment
16 July 2020 - 07:57
Bengaluru — Gold prices held steady near a nine-year peak on Thursday, as concerns over rising coronavirus cases and simmering US-China tensions offset some silver linings from Chinese economic data.
Spot gold crept 0.1% lower at $1,808.97/oz by 3.41am GMT but moved in a very tight range of about $5, just $8.74 shy of its highest since September 2011, at $1,817.71, hit last week...
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