Daily Nuggets: Gold Volatile as Expected US Stimulus Stirs Stocks
Senate majority leader Mitch McConnell said the U.S. package had been agreed upon and would be put to a vote on Wednesday.
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Author: News Team
White House, Senate Strike Deal on $2T Coronavirus Aid; Vote Coming Today
The money at stake in the stimulus legislation amounts to more than what the U.S. government spends on national defense, scientific research, highway construction and other discretionary programs.
Daily Nuggets: Precious Metals Soar Amid Coronavirus Lockdowns
Analyst: “There’s no longer pressure to sell gold to cover margin calls and also, the U.S. dollar is a bit weaker.”
‘Dilly-Dallying Around’: Coronavirus Relief Vote Falls Short in Senate
The 49-46 vote left the sweeping measure short of the 60 votes needed to advance, as the chamber remained deadlocked for a second day.
Daily Nuggets: Gold Surges After Fed Reveals Stimulus Plan
Analyst: “The market reacted instantly with equities and gold soaring behind the Fed’s new ‘Draghi’ approach.”
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