Vaccine hope puts pressure on gold
Metal edges lower as progress in Covid-19 vaccine developments counters the concern over spiking cases in the US
19 November 2020 - 08:45
Bengaluru — Gold prices inched lower on Thursday, as a firmer dollar and progress in Covid-19 vaccine developments offset the concern over spiking virus cases in the US and the hope of more stimulus.
Spot gold fell 0.21 % to $1,867.43/oz by 4.18am GMT, while US gold futures were down 0.4% at $1,866.60...
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