Gold Hovers Around $1960 Per Ounce

Gold Hovers Around $1960 Per Ounce

Sep 18, 2020 05:09 IST capital market

COMEX Gold stayed well supported today as economic worries posed by Covid-19 supported the yellow metal. The COVID-19 pandemic threatens hard-won gains in health and education over the past decade, especially in the poorest countries, a new World Bank Group analysis finds. Investments in human capital?the knowledge, skills, and health that people accumulate over their lives?are key to unlocking a childs potential and to improving economic growth in every country. Gold came off a one week low yesterday and currently quotes at $1959 per ounce, up 0.45% on the day. MCX Gold is also currently trading at Rs 51630 per 10 grams, up 0.36% on the day. Mixed movement in equities also benefited Gold ahead of weekend.

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