“As we see better prospects for stimulus, we understand there is a tendency to weaken the domestic currency, in this case weaken the dollar and support gold and silver,” said David Meger, director of metals trading at High Ridge Futures.
At this point, U.S. Treasury Secretary Steve Mnuchin and House Speaker Nancy Pelosi “slowly coming to terms over the second stimulus plan is obviously a supportive environment,” he added.
https://www.reuters.com/article/global-precious/precious-gold-climbs-to…
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