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Gold Rebounds After Touching Six Week Lows
On Monday, gold prices dropped to their lowest level in six weeks earlier in the session but firmed as the prospects of massive federal COVID-19 relief aid in the U.S. offset the impact of the stronger U.S. dollar and higher U.S. Treasury yields.
Gold Gains As U.S. Treasury Yields And Dollar Pulls Back
The prices of gold rose on Wednesday as the recovery of U.S. Treasury yields and the dollar slowed down.
Gold Plunges On Higher Treasury Yields And Stronger Dollar
Gold extended its losses from the previous sessions and plunged close to a six-week low earlier in today’s session. The yellow metal was pulled down by the higher U.S. Treasury yields and a firmer dollar.
Gold Edges Lower As The Dollar Rises On Close Runoff Election In Georgia
The prices of gold fell on Wednesday as the U.S. dollar strengthened on the uncertain outcome of the Georgia runoff elections, which would determine control of the Senate and the success of President-elect Joe Biden’s legislative agenda.
Gold Jumps To 8-Week High On Impending Lockdowns
The prices of gold rose by more than 1% on Monday to hit an 8-week peak due to a surge in new COVID-19 cases and the possibility of tougher lockdown measures.
Gold Gains Despite Delayed Vote On U.S. Relief Checks
The prices of gold rose on Wednesday despite the decision of Republican Senate Majority Leader Mitch McConnel to delay the vote on the proposed increase in COVID-19 relief payments.
Gold Jumps To One-Week High On Trump’s Signing Of The Stimulus Bill
The prices of gold hit a one-week peak after U.S. President Donald Trump signed the pandemic relief bill into law.
Gold Inches Higher As Soft Dollar Counteracts Trump’s Threat Not To Sign Stimulus Bill
The prices of gold rose on Wednesday despite President Donald Trump’s threat not to sign the COVID-19 stimulus bill.
Gold Climbs To 6-Week High On U.S. COVID-19 Relief Deal And Lockdowns Due To New Coronavirus Strain
The prices of gold jumped to a six-week peak after U.S. legislators finally agreed on the provisions of the COVID-19 stimulus package.
Gold Hits One-Week Peak On Progress In U.S. Stimulus Talks
The prices of gold climbed to a new one-week high today as U.S. congressional leaders inch closer to an agreement on the COVID-19 stimulus bill. This progress pushed the U.S. dollar down to a two-year low.
Gold Slips On COVID-19 Vaccination, Hopes For U.S. Stimulus Caps Losses
On Wednesday, the prices of gold slipped as positive developments on the COVID-19 vaccine buoyed Asian equities to record highs and sent investors towards riskier assets.
Gold Rises On Weak U.S. Jobs Data And Hopes For Stimulus Package
The prices of gold recovered on Monday on weak U.S. jobs growth data that strengthened hopes for an immediate economic response from the government. The yellow metal’s gains were capped by optimism over the COVID-19 vaccination.
Gold Prices Attempt A Second Day Of Recovery
After briefly declining to levels not seen since early July, Gold prices have recovered back above $1800.
Gold Drifts To Worst Monthly Decline On Vaccine Hopes
The prices of gold fell on Monday and are on track for its worst monthly decline since November 2016.
Gold Plunges Close To Four-Month Low Near $1800 Ahead Of Fed Minutes
On Wednesday, the prices of gold dropped close to its lowest level since July 17 as President-elect Joe Biden started the formal transition to the White House.
Gold Edges Lower As Vaccine Hopes Drive Risk Appetite
The prices of gold declined in early trading on Monday as the possibility of a quick roll-out of the COVID-19 vaccine has kept safe-haven buyers at bay.
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