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Home / Capital / Brokers Calls

Gold loses some lustre as the greenback begins to glitter

Broker's Calls

Gold loses some lustre as the greenback begins to glitter

Ng Qi Siang Published on Fri, Jun 19, 2020 / 5:22 PM GMT+8

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SINGAPORE (June 19): While global uncertainty is usually a catalyst for a surge in gold prices, recent fears of a second wave of Covid-19 infections have not seen a mad scramble for bullion. A strong performance from equities has, instead, seen investors reach for liquidity to catch the rising tide, reversing despite pandemic insecurities supporting gold futures.

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