Gold firms on lacklustre dollar
Concerns emerging from a resurgence in Covid-19 cases globally also support bullion
21 September 2020 - 07:24
Bengaluru — Gold prices edged higher on Monday, helped by a softer dollar while investors looked forward to speeches by Federal Reserve policymakers due this week for further clues on the US central bank’s approach to inflation.
Spot gold rose 0.2% to $1,953.37 per ounce by 5.34am. US gold futures inched 0.1% lower to $1,960.50. The dollar index was down 0.1% against its rivals, making gold more attractive for buyers holding other currencies...
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