Gold Up on Mixed U.S. Stimulus News

Gold Up, Boosted by Strong Dollar and Fed Assurances on Inflation

By Administrator _India Capital Sands Gold futures inched up 0.08% to $1,863 by 11:53 PM ET (3:53 AM GMT). Investors in gold were left uncertain as to which way to turn on Friday morning in Asia. Overnight, the U.S. has made two conflicting moves regarding the future of its COVID-19 stimulus path. On the one hand, […]

Gold Prices Up as COVID-19 Economic Costs Rise

India's scrap gold supplies seen at record high on price rally, coronavirus

By Administrator_India Capital Sands   Gold prices were up in Asia on Thursday as investors continue to calculate the economic damage from the COVID-19 pandemic. Gold futures were up by 0.33% at $1,745.70 as the yellow metal attempted to claw back its losses from the previous session. Companies reported dismal numbers during what is turning out to be a difficult earnings season, and the U.S. Commerce Department said retail sales in […]