News From Press Gold soars to all-time high amid intensifying U.S.-China row

Gold soars to all-time high amid intensifying U.S.-China row

Spot gold rose 1.5% to $1,928.83 per ounce by 0306 GMT after hitting an all-time high of $1,933.30. U.S. gold futures climbed 1.4% to $1,924.20.

ET Jul 28, 2020

Gold prices jumped to record highs on Monday as an intensifying U.S.-China row hammered the dollar and cemented expectations that central banks would continue pumping out stimulus to ease the economic pain from a worsening coronavirus pandemic.

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