Precious metals consolidate at lows, US Infrastructure bill in focus

Reading Time: < 1 minute

Gold fluctuated as traders weighed the potential passing of an infrastructure-spending bill in the U.S. against rising Treasury yields.
House Speaker Nancy Pelosi pledged to pass a $550 billion infrastructure bill this week and signaled that the headline amount on a bigger package of spending and tax measures will be lowered from $3.5 trillion. The Senate-passed measure will be put to a vote on Thursday.

Share on

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.
You need to agree with the terms to proceed

Menu