China approved a decision to go forward with national security legislation for Hong Kong, which could erode the city’s freedom and jeopardise its role as a financial hub. India said it has recorded a total 1,65,799 cases while 4,706 people have died.
U.S. gold
Breaking News – Import Duty On Gold May Be Cut 4% from the Current 10%
Gold Silver Reports (GSR) – “We are pushing for it (gold policy) as we need an integrated policy. In the next few days, we will have a meeting of all concerned people to frame the policy on an expeditious basis. We are looking at all elements of gold in the policy,”.
Gold Prices Steady as Economic Worries Support, Gains in Equities Drag
Gold Silver Reports (GSR) – Gold prices were steady near six-month highs on Friday, supported by worries over economic growth but pressured by gains in global equity markets.
Gold Silver Buyers, HoneyMoon Over?
Spot gold was at $1,236.85 per ounce at 0121 GMT. In the previous session, prices touched a peak of $1,241.86, their highest since Oct. 26.
US gold futures were down 0.4 per cent at $1,241.4 per ounce.