Gold steadies in tight range as virus fears offset solid US jobs data

Topics Gold  | Gold Prices | Gold Price

Gold was flat, trading in a narrow $5-range on Friday, as worries over a global surge in coronavirus infections and lingering trade tension between the United States and China overshadowed strong U.S. jobs data. Spot gold was mostly unchanged at $1,775.35 per ounce by 0647 GMT. U.

S. markets are closed on Friday ahead of Independence Day on July 4. US gold futures eased 0.3% to $1,785. "Nagging doubts appear to remain in investors' minds about the explosion of COVID-19 cases in the U.S. sunbelt states and its possible.....

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