Nudge for gold from lower dollar with more seen after US pandemic aid vote
Analysts say good news narratives are set to give the metal even harder time
29 December 2020 - 07:37
Bengaluru — Gold inched higher on Tuesday as a softer dollar underpinned the metal, with market participants looking forward to a US Senate vote on increased pandemic aid.
Spot gold rose 0.4% to $1,877.96/oz by 31.4am GMT, after closing slightly lower in the previous session. The metal had climbed as much as 1.3% on Monday after the passage of a near $900bn US stimulus package. US gold futures fell 0.1% to $1,879.40...
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