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Gold range-bound, caught between vaccine hopes and rising virus cases

"There's a lack of catalyst for gold to rally ... Weighing on prices is a slight depression in inflation expectations because it's quite clear now that the U.S. fiscal stimulus will probably not be as sizeable as previously imagined," said IG Markets analyst Kyle Rodda.

Shelton Running Out of Time to Get Confirmed to Federal Reserve

Now it will depend on whether Florida Republican Senator Rick Scott is able to leave quarantine this week after exposure over the weekend to someone who tested positive for Covid-19, and whether any other senators are forced to stay away from the Capitol by the virus. “We’re still consulting with his doctor on quarantine,” said Chris Hartline, Scott’s communications director. “But he’s taken a couple tests since Saturday and all negative.”

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