Gold soars as hopes of recovery falter over US employment data and virus concerns

Gold soars as hopes of recovery falter over US employment data and virus concerns

Gold prices soared on Thursday as disappointing US employment data and the resurgence of COVID-19 cases around the world cast doubts on a rapid economic recovery and put a rally on hold traditional risk assets. FUNDAMENTALS Spot gold rose 0.3% to $ 1,810.06 an ounce at 0052 GMT. US gold futures were flat at $ […]

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