Gold prices inched higher on Friday but headed for the first weekly drop in three amid waning stimulus hopes.
Spot gold edged up 0.1 percent to $1,909.95 an ounce, while U.S. gold futures were up 0.3 percent at $1,914.45.
Markets remain on edge amid a lack of progress towards a U.S. fiscal stimulus deal.
U.S. Senate Majority Leader Mitch McConnell rejected the push for higher coronavirus stimulus deal, hours after President Trump told FOX Business he was willing to raise his spending offer above the White House’s current $1.8 trillion proposal.
On the Covid-19 front, new coronavirus infections are hitting about 100,000 a day in Europe, compared with more than 51,000 in the United States.
London will enter a tighter Covid-19 lockdown from midnight today, while a nighttime curfew will take effect in some French cities starting Saturday.
The daily rise in infections surged past 7,000 for the first time ever in Germany, smashing the previous record set just the day before.
The material has been provided by InstaForex Company – www.instaforex.com
🚀If you want to get a Forex Robot Coded as per your trading strategy but are unable to do so because of the high price for the Robot then you can take advantage of the CROWD FUNDING campaigns feature. ✔ These are some crowd funding campaigns for Forex Robots, which when completed can provide the very same Forex Robot to the participants at an average price of $5-$10 per participant. ✔ You either participate in one of the already listed campaigns or send us your Forex strategy : Submit Crowd Funding Campaign , for which you would like the Forex Robot to be coded. A Crowd Funding Campaign would then be started for the same . ✔ All you have to do later on is to share the campaign online with your friends to encourage more people to participate in the campaign.
As a result, each participant can get that Forex robot for just a campaign contribution of $5 (which is the minimum). Participants can back the campaign by anything above or equal to $5 to reach the funding goal to close the campaign.