Gold Higher on Stimulus News


Gold moved higher on stimulus news!

On Friday 9 October, the gold price advanced 2% on the day with December Comex gold futures last trading at 1,933.70 an ounce.

A new stimulus programme in the U.S is being discussed, with a coronavirus stimulus offer = raised to $1.8 trillion last week.

Continued volatility in the stock market, the election, and stimulus are all bullish for the gold price in 2020.

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