Gold rises as dollar weakens despite delayed US stimulus vote
Spot gold rose 0.2% to $1,881.62 per ounce by 0548 GMT. U.S. gold futures were up 0.2% at $1,886.20. Reuters
gold
Gold prices gained on Wednesday as the dollar weakened, with investors looking past a top U.S. Republican leader s decision to postpone a Senate vote on increased pandemic relief payments.
Spot gold rose 0.2% to $1,881.62 per ounce by 0548 GMT. U.S. gold futures were up 0.2% at $1,886.20. A weaker dollar is enough to create a small upward momentum for confidence to be maintained in gold, said Michael Langford, director at corporate advisory AirGuide.
The dollar index hovered close to a more than two-year low, as traders shrugged off Republican Senate Majority Leader Mitch McConnell s decision to put off a vote on increasing COVID-19 relief checks to $2,000.
Gold steady as UK vaccine approval counters faltering dollar reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Dollar lifts gold amid worries over US stimulus delay
Spot gold rose 0.3 percent to $1,883.88 per ounce by 0313 GMT. US gold futures were up 0.2 percent at $1,887.40. Reuters
Source: Reuters
Gold inched higher on Wednesday as the dollar eased, while investors weighed a top US Republican leader s decision to postpone a vote on increased pandemic relief payments.
Spot gold rose 0.3 percent to $1,883.88 per ounce by 0313 GMT. US gold futures were up 0.2 percent at $1,887.40. A weaker dollar is enough to create a small upward momentum for confidence to be maintained in gold, said Michael Langford, director at corporate advisory AirGuide.
Gaining a greater exposure to gold makes sense in a low-yield and weakening dollar environment, he added.
The North Carolina National Guard said it has received the first allocation of the Moderna COVID-19 vaccine.
Medics will begin providing the voluntary vaccine shots to Guardsmen currently supporting the state s COVID-19 response after completing the prescribed vaccine training in the coming week.
5:08 p.m.
An offender with pre-existing medical conditions at the North Carolina Correctional Institution for Women who tested positive for COVID-19 has died at a hospital. We continue working diligently to mitigate the impact of COVID-19 in our prisons because the health and safety of the staff and the offender population continues to be our top priority, said Todd Ishee, Commissioner of Prisons. We sympathize with the offender s family, as losing a loved one is hard enough, but especially so during the holiday season.
Republican senator to object to certification of Biden US election win
AFP/Washington, United States Filed on December 30, 2020
Missouri Senator Josh Hawley said he was objecting to certification because of concerns about election integrity and noted that Democrats had done so in the past.
(Reuters)
Several Republican members of the House of Representatives have also said they plan to object to the January 6 certification of the Electoral College vote.
A Republican senator said Wednesday that he will object to Congress s certification next week of the results of the November 3 US presidential election, a move that may slightly delay but not derail the final confirmation of Democrat Joe Biden s victory.