Gold Rallies\, Spread Balloons With Pandemic’s Fallout in Focus

Gold Rallies, Spread Balloons With Pandemic’s Fallout in Focus
Freshly cast gold ingot bars sit in the foundry at the JSC Krastsvetmet non-ferrous metals plant in Krasnoyarsk, Russia. (Photographer: Andrey Rudakov/Bloomberg)

Gold Rallies, Spread Balloons With Pandemic’s Fallout in Focus

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(Bloomberg) -- Gold futures surged above $1,700 an ounce to the highest since 2012, pushing out the spread over spot prices, as investors weighed the economic fallout from the pandemic and the pros...