Gold climbs to record high as traders turn for safety
The metal extends its run above the $2,000 mark on a weaker dollar and bets for more stimulus measures to revive pandemic-ravaged economy
05 August 2020 - 08:32
Bengaluru — Safe-haven gold scaled a record peak on Wednesday, extending a record run above the $2,000 mark on a weaker dollar and bets for more stimulus measures to revive a pandemic-ravaged economy.
Spot gold hit a record high of $2,030.72 in early Asian trade around 2.34am GMT, but later dipped to $2,014.41, with the slight retreat attributed to profit-taking...
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