Gold moves higher on risk-free trades, falling bond yields – MarketWatch

Gold moves higher on risk-free trades, falling bond yields – MarketWatch

Gold prices ended higher on Thursday, as strong growth in U.S. coronavirus cases contributed to losses in the U.S. stock market as well as lower government bond yields. Prices for the metal benefited from a “risk-free trade” as investors were “cautious of the resurgence” of US coronavirus cases, Naeem Aslam, chief market analyst at AvaTrade, […]

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