Gold prices gained a leg higher on Tuesday, reacting to U.S. Treasury Secretary nominee Janet Yellen’s plans to fight the coronavirus-induced economic crisis with big spending. Gold for february deliveryon New York’s Comex settled up $10.30, or 0.6%, at $1,851.40 per ounce. The benchmark gold futures contract had been...
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Gold was down on Thursday morning in Asia, with investors awaiting details on U.S. President-elect Joe Biden’s plans for further stimulus measures. Gold Futureswere down 0.85% at $1,839.20 by 12:16 M ET (5:16 AM GMT). U.S. Treasury yields and the dollarboth saw rebounds on Thursday. Benchmark ten-year Treasury yields...
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