Gold slips as equities benefit from vaccine hope
But promise of more US stimulus keeps bullion close to two-week highs hit in the previous session
09 December 2020 - 07:59
Bengaluru — Gold prices eased on Wednesday as encouraging vaccine developments pushed investors towards riskier equities, though the hope for more US stimulus kept bullion near two-week highs hit in the previous session.
Spot gold fell 0.3% to $1,865.46/oz by 3.09am GMT, after hitting its highest since November 23 at $1875.07 on Tuesday, while US gold futures eased 0.3% to $1,870.20...
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