12:58 p.m. in London. Comex gold futures hit $2,005.40 before paring some gains.
Gold Sets Fresh Record Heading for Best Month in Eight Years
Gold traders on Thursday declared their intent to deliver 3.3 million ounces against the August Comex contract, the largest daily delivery notice in bourse data going back to 1994.
With more stimulus on the horizon, Goldman Sachs Group Inc. has said that gold is the currency of last resort amid an inflation threat to the dollar. The bank forecasts a rally to $2,300. Bank of America Corp. says prices could soar to as high as $3,000 an ounce, while JPMorgan Chase & Co. sees the rally losing steam later this year.
https://www.newsmax.com/finance/markets/gold-record-best-month/2020/07/31/id/979923/
12:58 p.m. in London. Comex gold futures hit $2,005.40 before...
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