COMEX Gold Consolidates Around $1900 Per Ounce

COMEX Gold Consolidates Around $1900 Per Ounce

Oct 26, 2020 06:10 IST capital market

COMEX Gold futures lingered around $190 per ounce mark. The resurgence of the coronavirus in Europe has continued in recent days. France reported a record daily rise in new infections on Sunday, Italy ordered bars to close early and shut public gyms and Spain issued a nationwide curfew to stem a worsening outbreak. The US also reported a record number of daily COVID-19 infections on Friday with more than 83,000, surpassing its mid-July peaks. MCX Gold futures are trading at Rs 50973 per 10 grams, up 0.26% on the day after easing from highs above Rs 51K.

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