COMMODITY
Gold futures settle higher as covid-19 cases peak
Jul-08-2020

Gold futures settled higher on Tuesday, as the waning global economic health in midst of spiking corona virus infections raised hopes for more dovish measures from central banks buoying safe haven bullion investments. The most-active contracts logged the loftiest settlement since September 16, 2011.

Gold futures for August settled up 0.9% at 1,809.90 an ounce on the Comex division of the New York Mercantile. Spot gold rose jumped 0.7% to $1,796.08 per ounce.

  RELATED NEWS >>