Gold fell on Wednesday 2 December, as investors were cautiously dominated due to doubts about progress in the stimulus package in the United States, while reports of developments regarding the Covid-19 vaccine added pressure.<\/p>\n\n\n\n
Spot gold prices fell 0.3% to $ 1808.67 an ounce after an increase of more than 2% on Tuesday, which was the biggest jump in nearly a month. Gold in US futures fell 0.3% to $ 1813.30.<\/p>\n\n\n\n
Republican Senate Majority Leader Mitch McConnell said the US Congress should introduce a new $ 1.4 trillion stimulus spending package linked to the second wave of coronavirus.<\/p>\n\n\n\n
Treasury Secretary Stephen Mnuchin and House Speaker Nancy Pelosi held talks on stimulus yesterday for the first time since the US election.<\/p>\n\n\n\n
Adding to the pressure on the metal, there were reports that US officials aim to start vaccinations for millions of Americans against Covid-19.<\/p>\n\n\n\n
Among the other precious metals, silver fell 1.4% to $ 23.66 an ounce. Platinum fell 1.5% to $ 985.29 an ounce and palladium fell 0.4% to $ 2,396.91.<\/p>\n","protected":false},"excerpt":{"rendered":"
Gold fell on Wednesday 2 December, as investors were cautiously dominated due to doubts about progress in the stimulus package in the United States, while reports of developments regarding the Covid-19 vaccine added pressure. Spot gold prices fell 0.3% to $ 1808.67 an ounce after an increase of more than 2% on Tuesday, which was …<\/p>\n","protected":false},"author":9,"featured_media":32825,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,36],"tags":[6874],"class_list":["post-37982","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates","tag-gold"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/37982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=37982"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/37982\/revisions"}],"predecessor-version":[{"id":37983,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/37982\/revisions\/37983"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32825"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=37982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=37982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=37982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}