Gold Down but Up from Three-Week Low, Omicron Concerns Grow By Investing.com – Investing.com
- Date: 02-Dec-2021
- Source: Investing.com
- Sector:Economy
- Country:Middle East
Gold Down but Up from Three-Week Low, Omicron Concerns Grow By Investing.com – Investing.com
By Gina Lee
Investing.com – Gold was down on Thursday morning in Asia, but was climbed up from a three-week low. Investors are mulling how central banks are likely to respond to surging inflation, while concerns are also growing about the risk posed by the newly discovered omicron variant of COVID-19 to the global economic recovery.
edged down 0.18% to $1,781.15 by 10:34 PM ET (3:34 AM GMT). The , which normally moves inversely to gold, inched down on Thursday.
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