On Thursday morning gold slightly declined after moderate gains of the previous day.
Due to Hurricane Laura, American oil companies reduced production by 1.56 million barrels per day (84% of total production in the Gulf of Mexico) and evacuated 310 offshore production facilities.
Crude oil prices increased on Monday amid reports of more than doubling oil production in the Gulf of Mexico.
Gold is constrained in a very narrow range today amid a shortage of important economic and geopolitical news.
There is a high degree of uncertainty in financial markets.
There is still no strong trend on financial markets.
The American pharmaceutical company Pfizer intends to provide a new vaccine against COVID-19 for state examination in October.