The rally in gold, which surged to an all-time high two weeks ago, is showing signs of losing steam with hopes for a coronavirus treatment and signs of improving economies undercutting the metal’s appeal as a haven.
Gold’s Rally to Give Way to Biggest Jeweler Share Sale in India – Gold Silver Reports (GSR)
Gold’s record-setting rally is set to give wings to the largest initial share sale by an Indian jeweler, helping it overcome tumbling demand in the second-biggest consuming nation.
Gold Rebounds on Weak Dollar With Investors Weighing Fed Policy
Gold climbed, recovering from Thursday’s drop, as the dollar sank with investors weighing the impact of the Federal Reserve’s new approach to setting U.S. monetary policy.
US MARKET CLOSE – Monday, 7 September Labor Day 2020 in United States
Labor Day has been an annual federal holiday in the United States since 1894. It was created in honour of the American labor movement and the enormous contribution which millions of workers have made in helping the United States to develop and prosper.
Gold Silver Tips Today – All Target Hit – Neal Bhai Reports
Gold Silver Tips Today – Spot gold was up 0.4 per cent at $1,936.64 per ounce by 0316 GMT (8:46 am in India). US gold futures rose 0.6 per cent to $1,943.20 per ounce.