Bears embrace bullion on upbeat economic expectations, defying bug threat

08.04.2021

Gold prices fell on Wednesday as strong economic data from the United States bolstered hopes of a swift recovery, with focus also turning to minutes from the Federal Reserve's last policy meeting for monetary policy cues.

Spot gold fell 0.3% to $1,738.35 per ounce by 10:26 a.m. EDT (1426 GMT). U.S. gold...