Investors seek safe haven as fear hovers in the air.
Gold futures were slightly higher by 0.16% at $1,786.90 an ounce at 3:20 a.m. GMT standard time Friday morning.
Expectations of a strong dollar are sending gold prices higher again. The U.S. dollar index was unchanged at $93.55, while investors kept an eye on the Jackson Hole meeting on August 26-28, which will indicate the Fed’s next direction.
The rising number of delta virus cases worldwide and fears of renewed lockdowns are clouding the markets at the moment. This is having a positive effect on the price of gold at the moment.
The U.S. dollar has also received a boost, benefiting at the moment from the upward momentum of the U.S. economy.
Other precious metals.
Silver fell 0.08% to $23.22.
Platinum futures rose 0.45% to $773.90.
The Spot Market is Closes
Sat. 21 Aug- 2021
| Metals Updated | USD Bid/Ask | Ounce Change | Low/High |
| Gold 04.00 | 1,780.50 1,781.50 | +0.10 0.01% | 1,778.10 1,789.90 |
| Silver 04.00 | 23.03 23.13 | -0.20 -0.88% | 22.83 23.41 |
| Platinum 04.00 | 990.00 1,000.00 | +21.00 2.17% | 965.00 1,004.00 |
| Palladium 04.00 | 2,204.00 2,35400 | -40.00 -1.78% | 2,200.00 2,422.00 |
| Rhodium 04.00 | 15,100.00 17,100.00 | -1,900.00 -11.18% | 15,100.00 18,800.00 |
| Energy Updated | Price | Change | %Change |
| Crude Oil 07.00 | 61.86 | -1.64 | -2.58% |