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COMEX Gold Well Supported On Soaring Covid-19 Cases

Published on Sep 15, 2020 11:38

COMEX Gold futures stayed well supported as rising Covid-19 cases globally boosted the metal. The World Health Organization reported the biggest daily rise in coronavirus cases across the world on Sunday. With 307,930 new cases reporting in the last 24 hours, the total number of global COVID infections reached 28637952. Half of these cases are in the Americas. The latest surge broke the previous one-day record of 306,857 new infections that WHO reported on September 6th 2020. The commodity currently trades at $1975 per ounce, up 0.61% on the day after rallying 1% in last session.

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