Home / Market Update / Gold Fell, Above $ 1,800

Gold Fell, Above $ 1,800

Gold fell in the Asian session on Thursday but remained above $ 1,800 for the third day in a row. Gold futures fell 0.04% at $ 1819.95 (3:22 GMT), the yellow metal managed to maintain gains of the previous four sessions. Covid-19 outbreaks and lockdowns resulted in investors going to safe assets and precious metal rose to levels not seen since 2011.

The number of global cases topped 12 million as of July 9, according to Johns Hopkins University data.

Investors are cautiously looking to key earnings reports of companies such as Amazon, Apple, and others due out.

Check Also

Gold Prices Retreat After Soaring Past $3,130 as Manufacturing Stumbles

Gold prices are down -0.52%, trading around $ 3,107 per ounce, at the time of …