Bullion unbeatable against struggling paper markets

29.06.2020

Gold erased earlier losses on Friday as the relentless coronavirus spread globally with a record jump in COVID-19 infections in the United States marring risk appetite and setting the metal on track for its third straight weekly rise.

Spot gold rose 0.3% to $1,767.28 per ounce by 1:50 p.m. EDT (1750...