Gold Firms Near 8-Year Peak As Virus Fears Prompt Safe-Haven Demand
Wednesday, 1 July 2020 10:37 WIB |
PRECIOUS METALS |GOLDEMAS
Gold prices edged higher on Wednesday, hovering near an eight-year high, as a spike in COVID-19 infections in the United States assuaged hopes of a swift economic rebound, pushing investors towards the safety of bullion.
Spot gold edged up 0.1% at $1,782.21 per ounce by 0115 GMT, after hitting its highest since early October 2012 at $1,785.46 in the previous session.
U.S. gold futures eased 0.1% to $1,799.30.
Fresh U.S. coronavirus cases could more than double to 100,000 per day if the current surge spirals further out of control, the government™s top infectious disease expert warned on Tuesday.
Source : Reuters
Saturday, 11 July 2020 01:11 WIB
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Friday, 10 July 2020 20:28 WIB
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Friday, 10 July 2020 16:48 WIB
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Friday, 10 July 2020 13:06 WIB
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Friday, 10 July 2020 09:39 WIB
Gold held above $1,800 an ounce and headed for a fifth weekly advance as concerns about a resurgence in coronavirus cases bolstered demand for a haven.
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