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Tag: Platinum / US Dollar Spot
So far, the recovery in economic growth has come from the consumer sector, but many analysts see a movement in real capital spending.
. . Gold stabilized and most base metals were higher in the holiday dilution trade. Investors rated the latest developments in an anti-virus spending package in the US. S.. . and the final announcement of a post-Brexit trade deal.
. . Gold prices soared in the holiday dilution trade on Thursday, supported by a U. . S.. . Dollar, which remained lower after the UK signed a trade deal with the European Union, although gains were limited by a surge in risk appetite.
. . Gold recovered from a drop of more than 1% on Monday as investors bet on their immediate concerns about new coronavirus cases and bets on more economic support even as Moderna became the second pharmaceutical company to announce effective vaccine test results..
Gold fell on Tuesday as Treasury yields climbed, although the metal held above the key support level of $ 1,900 on rising expectations that US lawmakers would agree to new legislation. stimulus to mitigate the economic impact of the coronavirus