Gold inches up, but set for first monthly decline in five
"At present there is less risk aversion in the global marketplace, which is somewhat constraining the safe-haven metal`s bulls," Kitco Metals senior analyst Jim Wyckoff said in a note. World stocks hovered near record highs as investors bet on continued central bank monetary support to revive the coronavirus-hit economy.
Gold prices edged up on Monday as the U.S. dollar weakened, although record high equities capped bullion`s gains and set it for its first monthly decline in five. Photo: Reuters