Gold Marks 5-week High as COVID-19 Cases Escalate
APMEX
6/22/2020 8:47:40 AM
The Gold spot price rose to $1,773.20 an ounce early Monday. Prices are nearly $9.00 more than the seven and a half year high of $1,764.55, hit in May of this year. U.S. Gold futures also climbed 0.7% to $1,764.50. Gold prices have soared 15% so far in 2020, boosted by fears of COVID-19-prompted economic slowdowns and unprecedented global stimulus measures by governments and central banks.APMEX Market Reports provide our readers with a review of spot price activity and some of the factors that may be affecting the market for Precious Metals. While the information is obtained from sources we believe to be reliable, we do not guarantee its accuracy or its completeness and we encourage you to conduct your own investigation prior to making any decision based on the information. The Market Reports are not intended as a comprehensive discussion and there may be other factors affecting the financial marketplace. These Market Reports are provided for informational purposes only and do not constitute a recommendation by APMEX to hold, purchase or sell any Precious Metal product. All orders, purchases and sales, if any, are subject to the terms of the User Agreement and other applicable policies
