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Dec. 2, 2020, 1:40 p.m. EST

Gold futures log a second straight climb

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    Gold Feb 2021 (GCG21)

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By Myra P. Saefong


Gold futures rose on Wednesday for a second consecutive session, finding support from renewed U.S. coronavirus aid package talks, said Chintan Karnani, chief market analyst at Insignia Consultants. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin held a call Tuesday afternoon to talk about funding the government and a coronavirus stimulus package, according to Barron’s. Fiscal stimulus measures lead to more debt, raising gold's haven appeal. February gold /zigman2/quotes/210035429/delayed GCG21 -0.12% rose $11.30, or 0.6%, to settle at $1,830.20 an ounce.

US : U.S.: Nymex
$ 1,827.70
-2.20 -0.12%
Volume: 224,725
Jan. 15, 2021 4:59p

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