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Gold prices advance on US stimulus hope 26 Jan 2021 Gulf Today Report Gold prices rise on Tuesday as expectations of a large US stimulus package uplifting the metal’s appeal. Spot gold rose 0.1% to $1,856.33 per ounce while US gold futures gained 0.1% to $1,856.80. Chief global market strategist at Axi Stephen Innes said: if we get the stimulus, gold can break through $1,900. READ MORE Aiding the rise of gold is the US 10-year Treasury yields hanging near a three-week low. However, the jump of the dollar by 0.1% is has made gold expensive for other currency holders. Investors are keeping an eye on the tone of the Fed as it is expected they will stand pat on monetary policies. ....
Singapore stocks close higher on Wednesday, STI up 0.6% businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
STI tracks Wall Street gains to close 0.6% higher businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.