CAPITAL MARKETS

Lack of stimulus progress weighs on gold

STOCKS and gold fell overnight and the US dollar gained after American lawmakers appeared to reach a stalemate over a near-US$1 trillion stimulus package.

 Image by Suthin Samankit from Pixabay

Image by Suthin Samankit from Pixabay

ASX futures were 25 points lower after the S&P 500 dropped 0.8%. The Dow lost over 100 points but remained just above 30,000 points. After trading as high as US$1875.90 an ounce yesterday, gold futures...

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