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Gold Monday sees normal pause in a bull market

From kitco.com

Gold prices are trading near unchanged in midday U.S. trading Monday. There is still some safe-haven demand underpinning the yellow metal amid heightened concerns about the Covid-19 pandemic and a second wave hitting global economies. There is also some profit taking seen by the shorter-term futures traders to start the trading week. August gold futures were last up $0.50 an ounce at $1,780.80. September Comex silver prices were last down $0.113 at $18.055 an ounce. Global stock markets were mixed and choppy in overnight trading. U.S. stock indexes are higher at midday. Trader and investor risk appetite, overall, ... (full story)

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  • Category: Fundamental Analysis