This Article is From Jul 06, 2020

Gold Rates Ease But Rising COVID-19 Cases Cap Losses

Spot gold was down 0.1% to $1,772.73 per ounce by 0521 GMT. U.S. gold futures fell 0.5% to $1,780.80.

Gold Rates Ease But Rising COVID-19 Cases Cap Losses

(Reuters) - Gold prices eased on Monday as risk sentiment improved ahead of U.S. services sector data, although losses were capped by worries over surging coronavirus cases in some U.S. states.

Spot gold was down 0.1% to $1,772.73 per ounce by 0521 GMT. U.S. gold futures fell 0.5% to $1,780.80.

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