Stimulus Hopes Lift Gold Higher – 25 January, 2021

Gold gained on expectations that a large U.S. stimulus relief bill would pass. Spot gold was 0.3% higher at $1,859.68 per ounce. U. S. gold futures were 0.2% higher to $1,1859.10. Experts believe the precious metal could break through $1,900 per ounce if the next round of stimulus relief passes. U.S. 10-year Treasury yields hovering just above a three-week low  the previous session also helped further support the metals gains.