Gold Falls As Cash Rush Outweighs US Stimulus Cheer
Wednesday, 25 March 2020 16:05 WIB | PRECIOUS METALS |EMASGOLD

Gold prices fell on Wednesday, after a steep rise in the previous session, as a flight to cash offset optimism around the U.S. government agreeing on a massive stimulus package to ease the economic burden of the coronavirus pandemic.

In volatile trade, spot gold fell 1% to $1,594.18 per ounce by 07:43 GMT, after rising as much as 1.6% earlier in the day. The metal jumped more than 3% on Tuesday.

U.S. gold futures climbed 0.2% to $1,664.80.

Source : CNBC

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