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Gold Soars to $1,800 an Ounce for the First Time in 9 Years
July 9th, 2020 - 10:30 GMT

Gold Soars to $1,800 an Ounce for the First Time in 9 Years

Gold prices on Wednesday breached the $1,800 an ounce barrier for the first time since 2011, as investors opted for safe-haven commodity amid mounting fear of rising coronavirus cases. Spot gold rose 0.4 per cent to $1,802.15 per ounce by 1217GMT, after hitting its highest since November 2011, at $1,804.41, earlier in the session. US gold futures rose 0.2 per cent to $1,814.10 per ounce. Analysts and experts said that ...
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