Gold prices hit $2,000/ounce for the first time

MG News | August 04, 2020 at 10:30 PM GMT+05:00

0:00

Aug 04, 2020: Gold prices hit $2,000 an ounce for the first time Tuesday, the latest surge in a commodity seen as a refuge amid economic uncertainty.

The precious metal hit the symbolically important benchmark near 1615 GMT before retreating somewhat. Gold prices have risen more than 30 percent this year as the coronavirus outbreak has weakened the economy and clouded the outlook.

AFP/APP

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Name	Price/Vol	%Chg/NChg
KSE100	184,129.58 798.69M	-1.97% -3702.50
ALLSHR	110,763.73 1,266.28M	-1.85% -2087.96
KSE30	56,278.51 173.32M	-2.19% -1261.46
KMI30	259,907.89 102.57M	-2.03% -5380.16
KMIALLSHR	71,198.64 822.49M	-1.72% -1247.03
BKTi	53,693.69 102.25M	-2.59% -1425.61
OGTi	37,589.24 28.20M	-2.72% -1052.27

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,375.00	66,930.00 60,005.00	2580.00 4.04%
BRENT CRUDE	67.19	68.82 66.87	-0.36 -0.53%
RICHARDS BAY COAL MONTHLY	90.00	0.00 0.00	-4.50 -4.76%
ROTTERDAM COAL MONTHLY	101.30	101.30 101.30	0.80 0.80%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	62.86	64.58 62.31	-0.43 -0.68%
SUGAR #11 WORLD	14.18	14.30 14.14	-0.09 -0.63%