Gold prices fell and was on the way to its first weekly decline in three weeks on Friday, as fading chances of a U.S. stimulus agreement before the Nov. 3 presidential election dented the metal’s appeal as an inflation hedge.
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Hedge funds cut bullish bets on U.S. crude as demand outlook worsens
Crude as demand outlook – Hedge funds and money managers cut bullish wagers on U.S. crude, data showed on Friday, as rising coronavirus cases around the world weakened the demand outlook, and a rise in OPEC output last month also weighed on the market.
Gold prices climbs to near 1-week high on dollar slide, stimulus optimism
![MCX Gold Target 98,500 Very Very Soon, Buy on Dips [21 April 2025]](https://goldsilverreports.com/wp-content/uploads/2020/03/gold-052904-gsr.jpg "Gold prices climbs to near 1-week high on dollar slide, stimulus optimism 2")
Gold prices rose to its highest in nearly a week on Tuesday as the dollar weakened and hopes rose for additional fiscal stimulus for the American economy, ahead of the first U.S. presidential debate.
Gold Prices steadies ahead of Trump-Biden debate
Gold prices steadied on Tuesday alongside a subdued U.S. dollar, while investors awaited the first U.S. presidential debate and further developments on a new U.S. coronavirus relief bill.
Silver Turns Positive After Touching Two-Month Low – Gold Silver Reports
Silver turns positive after touching two-month low. Gold prices reversed course and turned positive on Thursday, after touching a two-month low, as the dollar retreated slightly and as Federal Reserve officials reaffirmed to keeping monetary policy loose.