Gold Edges Up as Traders Assess Brexit Trade Deal, U.S. Relief
- U.K., EU officials finalize historic post-Brexit trade accord
- House Democrats will try to pass $2,000 checks again Dec. 28
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Gold steadied and most base metals were higher in holiday-thinned trading, with investors assessing the latest developments of a virus-relief spending package in the U.S. and the final announcement of a post-Brexit trade deal.
U.K. and European Union negotiators have finalized their historic post-Brexit trade agreement, averting the threat of an acrimonious breakup. Republicans on Thursday objected to House Majority Leader Steny Hoyer’s attempt to replace the $600 payments in the latest pandemic relief legislation with the $2,000 payments Trump said he wants. Democrats will try again Dec. 28, with a similar new bill that will be put to a full vote on the House floor.