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.
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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.
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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.
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Gold MCX Today Tips Rocking Hit High 53965, Rona Mana Hai – Neal Bhai
Gold MCX Today Tips Rocking Hit High 53965, Rona Mana Hai – Gold yesterday settled up by 2.01% at 53322 buoyed by a weaker dollar as investors await the fine print on the U.S. Federal Reserve’s strategy to stem the economic toll of the coronavirus.