Gold slips amid doubt about US stimulus bill
Metal is weaker after a sharp rise in the previous session, due to uncertainty over a US stimulus package
02 December 2020 - 08:19
Bengaluru — Gold eased on Wednesday after a sharp rise in the previous session, due to uncertainty over a US stimulus package, while progress in a Covid-19 vaccine development also weighed on the metal’s safe-haven appeal.
Spot gold fell 0.3% to $1,810.36/oz by 3.11am GMT, after jumping more than 2% on Tuesday, its biggest jump in nearly a month. US gold futures fell 0.4% to $1,812.60...
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