Gold Gives Up Earlier Gains Amid Continued Second Wave Fears By Tradelinecommodity.com Call Or WhatsApp-9719098555/8057445599 Visit Us By www.tradelinecommdity.com
Gold was down on Tuesday morning in Asia, giving up its gains from earlier in the session.
Gold futures were up by 0.07% at $1,705.65 by 12:05 AM ET (5:05 AM GMT), with a second wave of COVID-19 cases even infecting the safe-haven yellow metal.
Stocks, which usually move in the opposite direction to gold, were mixed, but mostly continued their retreat from Tuesday morning.
China and South Korea are scrambling to contain second wave outbreaks that spread over the weekend, with Chinese health authorities calling for vigilance on Tuesday to prevent an increase in numbers.
