COMMODITY
Gold futures trade lower in early deals of Monday
Jul-06-2020

Gold futures traded lower in early deals of Monday, owing to pick up in risk sentiments in the market as the investors awaited for cues from US services sector activity data for June ought to be released later in the day. Though, spike in coronavirus cases renewed worries about a swift economic recovery, limiting losses of the bullion.

Gold futures for August fell 0.4% to $1,782.30 an ounce on the Comex division of the New York Mercantile. While, spot gold was down 0.1% to $1,773.49 per ounce.

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