Gold amortizes as dollar strengthens, vaccine hopes to reduce appeal of safe-haven stocks

Gold amortizes as dollar strengthens, vaccine hopes to reduce appeal of safe-haven stocks

Gold prices edged down on Thursday, after falling more than 1% in the previous session, under pressure from a firmer dollar and optimism over the strengthening COVID-19 vaccine developments appetite for risk. Spot gold fell 0.1% to $ 1,863.70 an ounce at 0048 GMT. US gold futures were flat at $ 1,862.20. The dollar index […]

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