
Commodity Market: Gold gains on US coronavirus aid prospects, Fed Chair’s dovish remarks
January 15, 2021 10:23 am
After a flat performance a day earlier, Spot Gold rose on Friday, as the prospect of a huge US coronavirus relief package increased the commodity’s appeal as a hedge against inflation. Additional support to prices came after rather dovish remarks from Federal Reserve’s Chairman Jerome Powell. US President-elect Joe Biden on Thursday announced a $1.9 […] Read more