Gold in “Wait and See Mode” as Traders Await More News

Investing.com -By Gina LeeInvesting.com – Gold prices were little changed on Monday morning as traders remained cautious amid the continuous economic turmoil.Gold Futures was up by 0.04% at $1,646.3 by 9:26 PM ET (2:26 AM GMT).Three Swiss refineries in Ticino, Europe’s biggest gold refiner, announced yesterday that they received permission to run their factories on a limited basis.The announcement will ease the supply tightness caused by the COVID-19-induced lockdowns and transport halts.Meanwhile, the U.S. Bureau of Labor Statistics announced a 701,000 reduction in non-farm payrolls, compared…

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