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Market Update

Gold Closes on Marginal Gains

Gold prices returned to gains on Thursday, amid increased demand for safe havens amid uncertainty. The rise in the yellow metal prices came despite the US Dollar’s (USD) gains. Gold futures for December delivery rose by $1.60, or 0.08%, and settled at $1,908.90 per ounce. Since the beginning of the …

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Trump Hints at New Stimulus Package

The President of the United States, Donald Trump, said on Thursday that he could support a new stimulus package worth more than the $1.8 trillion he offered last week, which was rejected by the Democrats. This comes after the US Treasury Secretary, Steven Mnuchin, said he does not expect a …

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