Bullion in calmer waters, further appreciation remains within scope

30.07.2020

Gold prices steadied on Wednesday as worries over rising cases of COVID-19 and expectations of possible inflation from more stimulus measures underpinned the metal, while investors awaited the U.S. Federal Reserve's meeting outcome later in the day.

Spot gold was little changed at $1,957.84 per ounce by 0049 GMT. Prices hit...