Gold firms on stimulus hope, vaccine doubt

Gold firms on stimulus hope, vaccine doubt

Gold rose overnight amid extensive stimulus measures and uncertainty over a possible coronavirus vaccine, but bullion’s gains were limited as risk appetite improved on hopes of an economic recovery. Spot gold was up 0.3 per cent at $US1,749.29 per ounce by 1805...
Gold firms on stimulus hope, vaccine doubt

Stocks adrift as vaccine rally falters

Asian stocks have struggled to extend the week’s rally and gold and bonds firmed as a sceptical press report dented some hopes for a COVID-19 vaccine and concerns about bumps in the global recovery from the pandemic returned. MSCI’s broadest index of...
Gold firms on stimulus hope, vaccine doubt

Asia shares, oil rally on vaccine hopes

Asian shares have jumped and oil has extended gains on optimism the global economy would recover quickly following a successful early-stage trial of a coronavirus vaccine, while the euro hovered near a two-week top. MSCI’s broadest index of Asia Pacific shares...
Gold firms on stimulus hope, vaccine doubt

Gold eases amid vaccine hopes

Gold retreated overnight from a more than seven-year high, as stocks and oil surged on optimism surrounding the trial of a potential COVID-19 vaccine. Spot gold fell 0.7 per cent to $US1,728.72 per ounce by 1735 GMT, after hitting its highest value since October 2012...
Gold firms on stimulus hope, vaccine doubt

Oil prices surge after early vaccine tests

Oil prices overnight jumped to their highest values in over two months on positive early results on a potential coronavirus vaccine, optimism about a resumption in economic activity and signs producers were following through on planned output reductions. Brent futures...