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Gold set for weekly decline as stimulus hopes ebb

“With a stimulus bill this year highly uncertain, gold remains beholden to the USD,” said Tai Wong, head of base and precious metals derivatives trading at BMO. “While sentiment for gold remains strongly bullish without a strong short-term driver, we seem to be oscillating around $1,900 unable to substantially break the month-long range of $1,850-$1,950.”

Investors throw money at everything, dump cash, pumped $1.2 billion into gold funds (BofA)

Throwing money at everything, BofA said investors also pumped $1.2 billion into gold funds. Mortgage backed securities saw inflows of $1.8 billion. https://www.reuters.com/article/idUSKBN2710Z5

Firm dollar, fading stimulus hopes put gold on course for weekly loss (Reuters)

(Reuters) - Gold eased on Friday and looked set to post its first weekly drop in three, as the dollar held firm while additional U.S. fiscal stimulus appeared unlikely before the presidential election. https://www.reuters.com/article/idUSKBN2710F4

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