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Gold futures end higher on larger stimulus hopes

30 Dec 2020 Evaluate
Gold futures ended higher on Tuesday, as the bullion got lifted amid senators are to address President Donald Trump's request for a rise in coronavirus relief fund from $600 to $2,000. Meanwhile, dollar fell about 0.3% in the session, making the greenback-denominated bullion more appealing for other currency holders.

Gold futures for February delivery settled up 0.1% to $1,882.90 an ounce on the Comex division of the New York Mercantile. Spot gold rose 0.3% to $1,877.51 per ounce.