Gold ready for second weekly drop at end of Fed stimulus, vaccine optimism

Gold ready for second weekly drop at end of Fed stimulus, vaccine optimism

Gold was heading for a second weekly drop on Friday amid growing optimism over COVID-19 vaccines, with the US Treasury’s call to end emergency lending programs also limiting the appeal of safe havens for ingots. Spot gold fell 0.1% to $ 1,866.38 an ounce at 12:27 p.m. GMT and was down 1.2% for the week. […]

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