Miners lead gains, oil jumps as war and rate hikes rattle nerves

Miners lead gains, oil jumps as war and rate hikes rattle nerves

Miners lead gains, oil jumps as war and rate hikes rattle nerves

Gold gains on virus woes but set for weekly fall

Gold gains on virus woes but set for weekly fall

Gold prices climbed on Friday on concerns over rising cases of the Delta variant, although uncertainties over the U.S. Federal Reserve’s tapering timeline kept bullion on course for a weekly drop. Spot gold rose 0.2% to $1,755.90 per ounce by 0832 GMT. However, it was down 0.4% for the week, after last week’s U.S. jobs…