Gold takes heart as equities lose ground
Spot gold climbs 0.3% after steepest Wall Street sell-off since June
04 September 2020 - 08:10
Bengaluru — Gold prices rose on Friday, as US treasury yields fell and a pullback in global equities bolstered demand for the safe-haven metal ahead of the US non-farm payrolls report.
Spot gold was up 0.3% at $1,935.84/oz by 3.04am GMT, after falling to a near one-week low on Thursday. Bullion prices have declined 1.5% so far this week. US gold futures rose 0.2% to $1,941.80/oz...
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