Gold Down On Growing Fears as Covid-19 Cases Spike ….LIVE NEWS UPDATE BY ROYAL TRADERS

LIVE NEWS !!!

Gold was down in Asia on Monday morning, giving up some of its earlier gains, amid increasing investor fears of a second wave of COVID-19 cases over the weekend.

Beijing reported a surge of 57 new cases on June 13 after weeks of single-digit numbers, after an outbreak in Xinfadi market.

Tokyo also reported its highest number of cases since May, with 27 of the 47 reported cases traced back to recently re-opened nightclubs and bars.

Record numbers of cases and hospitalizations were also seen in some recently re-opened U.S. states, including Florida and Texas.

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