Gold ticks higher on worries over rising COVID-19 cases – ZAWYA

Gold ticks higher on worries over rising COVID-19 cases – ZAWYA

Gold ticks higher on worries over rising COVID-19 cases | ZAWYA MENA Edition HomeMarketsCommoditiesArticleGold ticks higher on worries over rising COVID-19 cases Physical gold sold at a premium in India last week for the first time this year    Gold bars are seen in the Austrian Gold and Silver Separating Plant 'Oegussa' in Vienna, Austria, December 15, 2017. Image used for illustrative purposes.Gold prices edged higher on Monday, holding above the key $1,800-per-ounce level, as worries over surging coronavirus cases around the world kept the safe-haven metal underpinned.FUNDAMENTALS* Spot gold was up 0.1% at $1,800.71 per ounce by 0033 GMT. U.S. gold futures GCv1 rose 0.2% to $1,804.90.Gold prices edged higher on Monday, holding above the key $1,800-per-ounce level, as worries over surging coronavirus cases around the world kept the safe-haven metal underpinned.* Spot gold was up 0.1% at $1,800.71 per ounce by 0033 GMT. U.S. gold futures GCv1 rose 0.2% to $1,804.90.* More than 12.83 million people have been reported to be infected by the novel coronavirus globally and 565,626 have died, according to a Reuters tally.  * Florida reported a record increase of more than 15,000 new cases in 24 hours on Sunday, as the Trump administration renewed