Spot gold was steady at $2,317.41 per ounce after staying mostly in negative territory earlier in the day
monetary policy.
Coronavirus cases continued to surge in the United States and stood at over 16.6 million globally.
Its intensifying spread and an escalation in US-China tensions have dented hopes of quick economic recovery, and have been driving inflows to safe-haven assets like gold, which has risen more than 28 per cent so far this year.
Elsewhere, silver dropped 1.7per cent to $24.16 per ounce, platinum fell 1.3per cent to $936.09 and palladium slipped 0.6per cent to $2,269.22. - Reuters, business@khaleejtimes.com
Spot gold was steady at $2,317.41 per ounce after staying mostly in negative territory earlier in the day
It is likely to be humid by night and Friday morning over some coastal and internal areas
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