Investors still remain attracted towards precious metals, thanks to US-China trade tensions
By Administrator_India Capital Sands Last week began with gold trading near record high levels, although a few factors along the way started to turn around, including hopes for a COVID-19 vaccine, rise in treasury yields, strong dollar and positive economic data. There are no words which can describe last week’s movement as even “wild swings” is an understatement. Although, after experiencing an intense session of profit-taking earlier in the week, gold is trading back above $1,950 per troy ounce. Some caution is necessary and should be expected after the…
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