Gold traded lower for the second consecutive day, down 0.8%

  • Jan 09, 2020 GMT
  • Team Kalkine
  As the fear of war between Iran and the United States subsided, as both the nation’s leader tuned soft over a further escalation. The yellow metal prices turned lower from the 7-year peak it had attained in a previous couple of session. At the time of writing (as on January 09, 2019 at 03:40 PM GMT), Gold futures traded approximately 12.0 points down or 0.70% lower at USD 1,549.40/onz and during the day session it registered a high of USD 1,562.30/onz and a low of USD 1,541.15/onz, respectively.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

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