The ramped-up programs by the Fed are boosting demand for gold as a store of value.........Comments on Thursday from Fed Chair Powell also sparked buying of gold when he said the Fed will act "forcefully" to enable a U.S. recovery.
Fund buying of gold continues as long positions in gold ETFs rose for a 13th consecutive session on Wednesday to a record 2,860.83 MT, the highest since the data series began in 2002. The global pandemic has fueled physical demand for gold as 142,000 ounces of American Eagle coins were purchased in March, the most in 3 years.....Precious metal prices continue to see underlying safe-haven demand as the global coronavirus pandemic continues.......
GOLD, page-2
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Last
$2.14 |
Change
0.040(1.90%) |
Mkt cap ! $2.456B | |||
| Open | High | Low | Value | Volume |
| $2.09 | $2.15 | $2.07 | $5.340M | 2.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 96948 | $2.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.15 | 39393 | 3 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| RMS (ASX) Chart |