Gold drops as dollar surges to six-week high

U.S. gold futures were down 0.5% at $1,900.20 on Tuesday. “Resurfacing of the coronavirus and the fear that European countries will again go into lockdowns are triggering safe-haven buying in the dollar index and because of that we have seen correction in the gold prices,” said Vandana Bharti, assistant vice-president of commodity research at SMC Comtrade. …read more

Source:: Yahoo Finance

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