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MarketScreener Homepage  >  Commodities  >  Gold       XAUUSD

GOLD

Delayed Quote. Delayed  - 08/14 01:37:23 pm
1942.545 USD   -0.76%
01:02pRetail Spending in July Topped Pre-Pandemic Levels -- 2nd Update
DJ
12:39pSpot gold falls 1% to $1,933.89/oz
RE
12:16pDwindling gold demand pushes Chinese discounts to record high
RE
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Materials Down As Gold Rally Pauses, Miners Give Mixed View -- Materials Roundup

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07/30/2020 | 05:48pm EDT

Producers of metals and other raw materials fell as a surge in the value of gold paused and as mining giants gave mixed growth projections.

Gold futures retreated $11.10 per troy ounce, or 0.57%, to $1942, snapping a nine-session winning streak. The price of silver, which has also been on a tear, adding about 25% in July, sold off.

Anglo American, a precious and industrial metals miner with extensive South African operations, posted a significantly lower profit for the first half of the year as coronavirus-induced restrictions hit production.

Iron-mining giant Rio Tinto increased its midyear dividend payout despite a 20% fall in net profit, as it balanced high iron-ore prices against an uncertain outlook for the global economy. Iron-ore prices have risen steadily in recent months on supply concerns.

 Write to Rob Curran at rob.curran@dowjones.com 

Stocks mentioned in the article
ChangeLast1st jan.
ANGLO AMERICAN PLC -2.02% 1879.2 Delayed Quote.-11.73%
GOLD -0.74% 1942.47 Delayed Quote.26.65%
RIO TINTO PLC -0.99% 4705.5 Delayed Quote.5.54%
SILVER -4.44% 26.2086 Delayed Quote.43.68%
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