Bullion takes $1,800 barrier, other precious metals follow as bears dominate other markets

09.07.2020

Gold rallied past the technical $1,800 threshold on Wednesday, scaling its highest since September 2011, as investors bolted for safety from the novel coronavirus and central banks implemented powerful stimulus packages to cushion its economic impact.

Spot gold jumped 1% to $1,811.55 per ounce by 11:12 a.m EDT (1512 GMT). U.S....