Gold Up Alongside Rising COVID-19 Numbers…LIVE NEWS UPDATE BY ROYAL TRADERS

LATEST UPDATE !!!

 Gold was up on Monday morning in Asia, with investors turning to the safe- haven yellow metal as hopes of a quick economic recovery from COVID-19 were dashed.

There were over 10 million COVID-19 cases globally, with over 500,000 deaths as of June 29, according to data from Johns Hopkins University.

The ever-increasing number of cases served as a grim warning that the fight against COVID-19 is not over and indicated that the road to recovery will be much slower than expected.

California ordered the closure of some bars on Sunday, attempting to curb record number of U.S. cases. But the measures are a setback in reopening the world’s largest economy and kickstart its recovery.

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