Gold holds steady on stronger dollar
US-China tensions and rise in Covid-19 cases support bullion but US dollar caps gains
17 July 2020 - 08:03
Gold steadied near the $1,800 level on Friday after a sharp fall in the previous session, as worries over surging coronavirus cases and US-China tensions underpinned its safe-haven appeal, though a stronger dollar capped gains.
Spot gold was up 0.1% at $1,797.52/oz by 2.48am GMT. US gold futures eased 0.1% to $1,797.30/oz...
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