Gold trades directionless on lower yields and virus woes

Reading Time: < 1 minute

Gold edged lower on Friday, as concerns over the fast-spreading Delta variant of COVID-19 and a drop in U.S. Treasury yields lifted the safe-haven metal’s demand. The new rise in the Delta variant causing some concerns on the global growth and the data out of U.S. started to ease off a little bit is helping gold

Share on

Leave a Comment

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.
You need to agree with the terms to proceed

Menu