Gold prices rose on Monday as the number of coronavirus cases globally continued to grow. Ahead of the Federal Reserve’s meeting, scheduled for his week, bullion was also given a boost, thanks to a weakened US dollar. Spot gold was up 0.05% to $1,780.28 per ounce by 09:52 GMT, while US gold futures grew 0.12% to $1,779.90 per ounce. “The Covid-19 situation in India and Japan is deteriorating. So, that is boiling demand for safety, resulting in higher gold prices,” Margaret Yang, a strategist at DailyFX, told Reuters, adding that a weakening dollar is further supporting prices for the precious metal. Also on
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