Spot gold was steady at US$1,974.29 per ounce by 0508 GMT, after hitting a record high of US$1,984.66 in early Asian trade. US gold futures rose 0.3% to US$1,992.20.
BENGALURU: Gold prices surged to an all-time high yesterday, as fears about the economic fallout from rising Covid-19 cases boosted demand for the safe-haven metal, although gains were capped by an uptick in the United States dollar.
Spot gold was steady at US$1,974.29 per ounce by 0508 GMT, after hitting a record high of US$1,984.66 in early Asian trade.
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