Gold slips on profit-taking after Fed-driven rally

Spot gold was down 0.2% to $1,732.39 per ounce by 0329 GMT, after hitting its highest level since June 2 at $1,739.68 earlier in the session. U.S. gold futures climbed 1.2% to $1,741.80. On Wednesday, spot gold prices rose 1.3%, their biggest daily percentage rise in more than a month, after the Fed said it would be a long road to recovery from the coronavirus-induced slump. …read more

Source:: Yahoo Finance

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