Gold set to extend weekly drop amid stimulus doubts, vaccine hopes

Gold set to extend weekly drop amid stimulus doubts, vaccine hopes

Gold was predicted for a second weekly drop on Friday as promising COVID-19 vaccine trials and US Treasury Secretary Steven Mnuchin’s call to end major Federal Reserve pandemic loan programs eroded the attraction of safe haven gold. Spot gold fell 0.1% to $ 1,866.19 an ounce at 8:32 a.m. GMT and was down 1.1% for […]

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