Gold firms as stimulus offsets appetite

Gold firms as stimulus offsets appetite

Gold steadied above $US1,700 an ounce overnight, as massive global stimulus measures to ease the economic blow from the coronavirus pandemic offset improved risk sentiment on the back of easing restrictions and lockdowns. Meanwhile, auto catalyst metal palladium shed...
Gold firms as stimulus offsets appetite

Gold jumps ahead of more US stimulus

Gold prices jumped as much as 1.5 per cent to more than a one-week high overnight, after hopes of more stimulus from the United States to cope with a coronavirus-led lockdown. Spot gold was up 0.8 per cent at $US1,726.94 per ounce at 1736 GMT. Earlier in the session,...
Gold firms as stimulus offsets appetite

Gold surges nearly 2% on stimulus hopes

Gold prices jumped as much as 1.9 per cent overnight on expectations of more stimulus measures amid massive economic damage due to restrictions around the world to slow the novel coronavirus. Spot gold was up 1.6 per cent at $US1,711.84 per ounce at 1734 GMT, which...
Gold firms as stimulus offsets appetite

Stimulus hopes lift Wall St after oil rout

Wall Street’s main indexes rose on Wednesday on signs of more stimulus to aid small businesses ride out the coronavirus-induced economic slump and a recovery in oil prices. US crude and benchmark Brent prices edged higher after a collapse in the past two days,...
Gold firms as stimulus offsets appetite

Gold jumps on COVID-19 stimulus measures

Gold prices surged over 2.0 per cent to a more than three-week high on Monday on expectations of global stimulus measures to counter the economic damage caused by the outbreak of the novel coronavirus. Spot gold was up 2.3 per cent at $US1,653.35 per ounce, having hit...