Gold Heads for Best Close in Six Weeks as Trump Signs Stimulus
- Bullion climbs along with silver as U.S. currency sags again
- Congress cleared $900 billion in pandemic relief last week
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Gold headed for the highest close in six weeks after President Donald Trump signed a $900 billion coronavirus stimulus package, pumping more state funds into the world’s top economy. Silver surged.
The haven built on a run of four weekly gains following the breakthrough on the package, which Trump had initially declined to endorse amid a dispute on the size of checks to support households amid the pandemic. The dollar fell.