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Gold surges amid spread of new COVID strain
Finance
- 29 November, 2021
- 06:32
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Gold rises in price amid concerns over a new strain of COVID-19, Report informs referring to the auction data.
As of 9:00 a.m. (GMT+4), the price of December gold futures on the Comex New York stock exchange grew 0.36%, or $6.35, to $1,794.45 per troy ounce.
A moderate rise in gold prices is driven by demand for a ‘safe haven’ amid fears of the spread of omicron, the new strain of coronavirus.
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