Gold edges higher at US$1,867 - News Summed Up

Gold edges higher at US$1,867


Gold prices climbed today, helped by a weaker dollar and as investors remained optimistic about aU.S. stimulus package even after President Donald Trump threatened not to sign the pandemic relief bill. Spot gold edged up by 0.4 percent at US$1,867.47 per ounce, while U.S. gold futures were steady at US$1,870.20. The U.S. dollar fell by 0.3 percent against major rivals, increasing gold's appeal for holders in other currencies.


Source: The Standard December 23, 2020 09:22 UTC



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