Gold jumps after Donald Trump signs pandemic aid bill
Metal could sustain above $1,900 an ounce but will need dollar to weaken further
28 December 2020 - 07:47
Bengaluru — Gold prices jumped 1% on Monday as investors cheered news that US President Donald Trump signed into law a long-awaited pandemic aid bill, with a weaker dollar lending further support.
Spot gold was up 1% at $1,894.44 an ounce by 3.44am GMT, after hitting a one-week high of $1,900.04 earlier in the day. US gold futures gained 0.9% to $1,899.10...
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