COMEX Gold Consolidates Around $1790 Per Ounce

Published on Sep 09, 2021 12:25

Gold slipped further following the break under $1800 per ounce amid sustained gains in the US dollar though selling in equities capped losses for the metal. The US stocks pulled back on worries that the Delta coronavirus variant could hurt the economy`s recovery and on uncertainty about when the Federal Reserve may pull back its accommodative policies. COMEX Gold is consolidating around $1790 per ounce after testing around two week low.