Gold was down on Monday morning in Asia. An early push upward on the basis of potential U.S. stimulus measures soon petered out, as there was little certainty on offer. Markets await news from the U.S. Federal Reserve for direction.
Gold futures inched down 0.07% at $1,871.05 by 12:24 a.m. (ET).
Gold prices picked up on Friday after U.S. Treasury Secretary Steven Mnuchin proposed that COVID-19 stimulus discussions should be continued. However, the boost was short lived, as he also confirmed his decision to end a series of federal loan assistance programs on Dec. 31.
Translated from the original article: https://www.investing.com/news...
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