8/17/2020, 4:43 PM (Source: TeleTrader)
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Gold jumps over 2%

Gold surged over 2% on Monday as other precious metals also increased.

The yellow metal went for $1,987.95 per ounce, jumping 2.26% at 10:46 am ET. In dollars, the precious metal remains 2.26% lower for the week, but coronavirus fears kept gold up 9.48% over the past month and 25.36% over the past year.

Meanwhile, gold in euros traded for €1,672.0185 per ounce at 10:47 am ET and in Swiss francs, it went for 1,798.2068 Swiss francs per ounce at the same time.

Breaking the News / VP