Gold Firms Above $1,800 On Growing Concerns Over COVID-19 And U.S.-China Tensions

Meanwhile, investors are waiting for the policy decision of the Bank of Japan due to be released later. They are also waiting for the release of data on U.S. industrial production for June and the Federal Reserve’s Beige Book, which are also due.

In a related development, the holdings of SPDR Gold Trust, the largest gold-backed exchange-traded fund in the world, increased by 0.2% on July 15, to 1,206.89 tons. It is the highest level since April 2014, and reflects investors’ interest in gold.

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