It is tough to say as USD will shift massively depending on the approval of the Stimulus Package. If it is approved the dollar will fall thus XAUUSD will rise.
It is tough to say as USD will shift massively depending on the approval of the Stimulus Package. If it is approved the dollar will fall thus XAUUSD will rise.
The gold futures price fell by US$11.10 or 0.6% to US$1,782.00 an ounce. Spot gold was trading near US$1,783 an ounce at the US close. Iron ore shed US$2.15 or 1.2% to US$183.60 a tonne.