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Gold steadies off 8-year high as risk appetite sharpens


Thursday, 2 July 2020 17:33 WIB

GOLDEMAS Spot Emas


Gold steadied on Thursday off the previous day's near eight-year peak as investors' appetite for higher-risk assets like stocks improved following encouraging coronavirus vaccine trials, and ahead of U.S. jobs data later in the day.

Spot gold was little changed at $1,770.79 per ounce by 09:45 GMT, easing from a near eight-year high of $1,788.96 it hit on Wednesday. U.S. gold futures rose 0.2% to $1,783.60 per ounce.

Elsewhere, palladium fell 0.2% to $1,901.31 per ounce, platinum steadied at $816.05 per ounce, while silver fell 0.1% to $17.92 per ounce.

Source : Reuters


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