Investing.com investing.com 23 Dec, 2020 23:45 am

Gold Halts 3-Day Slide, Awaiting Outcome of Trump’s Stimulus Drama By Investing.com

Gold Halts 3-Day Slide, Awaiting Outcome of Trump’s Stimulus Drama By Investing.com
Gold Halts 3-Day Slide, Awaiting Outcome of Trump’s Stimulus Drama

Gold halted a three-day slide on Wednesday as the dollar slid after a one-day ramp-up and as markets awaited the outcome of the Congress-approved $900 billion Covid-19 relief that the outgoing U.But Trump’s demands pose a dilemma to both sides, as Americans urgently need relief from the Covid-19 crisis, while a veto could sink an accompanying $1.By Barani Krishnan Investing.Inventory Data p By Barani Krishnan Investing.

The relief package passed Congress with overwhelming support from both Republicans aligned to Trump and Democrats opposed to him.It was the first rise since Friday for gold, which had bucked expectations for a rally after the stimulus passed by Congress.

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