2020-07-21 14:03
Market analysisGold hovers near 9-year high
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Gold rose on Tuesday, hovering near a nine-year peak hit in the last session, as worries over a spike in COVID-19 cases and expectations for inflation from more economic stimulus measures boosted demand for the safe-haven metal.
Spot gold XAU= was up 0.1% at $1,817.23 per ounce by 0300 GMT, after hitting its highest since September 2011 at $1,820.06 on Monday. U.S. gold futures GCv1 were little changed at $1,817.80.
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Gold hovers near 9-year high
India | 2020-07-21 14:03Gold rose on Tuesday, hovering near a nine-year peak hit in the last session, as worries over a spike in COVID-19 cases and expectations for inflation from more economic stimulus measures boosted demand for the safe-haven metal.
Spot gold XAU= was up 0.1% at $1,817.23 per ounce by 0300 GMT, after hitting its highest since September 2011 at $1,820.06 on Monday. U.S. gold futures GCv1 were little changed at $1,817.80.
Commodity
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