Gold prices under pressure as U.S. fiscal stimulus disarray boosts dollar (MarketWatch)

“ At first glance, the fact that no new measures to stimulate the economy will be implemented in the near future should really have been good news for gold,” said Daniel Briesemann, commodity analyst at Commerzbank, in a note. “However, the price slide in late trading is due to the appreciating U.S. dollar, which apparently was in demand as a safe haven — despite everything — directly after Trump’s comments.”