Gold Stabilizes as COVID Concerns Mount
August 19, 2021 at 12:08 PM EDT
On the heels of President Biden’s speech about booster shots, gold steadied Wednesday as the U.S. dollar took a hit. Recent strength in the dollar helped push the spot gold price below $1,800, but virus jitters have buoyed the yellow metal, which currently sits at $1,788.75. Gold futures are up 0.4% as well.