Gold inches higher on stimulus hopes, virus concerns

Gold prices edged higher on Wednesday supported by hopes of more U.S. stimulus measures as surging COVID-19 cases threaten to hamper economic recovery, although optimism over vaccine developments limited gains. FUNDAMENTALS Spot gold rose 0.2%…

Russia’s energy minister calls oil at $50 to…

Russian energy minister Alexander Novak arrives for the 177th Organization Of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria, on December 5, 2019.JOE KLAMAR | AFP via Getty ImagesRussian energy minister Alexander Novak made a…

It’s up to Facebook to respond on its…

Fact checkers working with Facebook said it was up to the social media giant to respond to union minister Ravi Shankar Prasad’s letter to company chief executive Mark Zuckerberg, raising concerns over its fact-checking programme…

Dow drops more than 700 points in worst…

Stocks fell sharply on Wednesday as the increasing number of newly confirmed coronavirus cases dampened expectations of an economic recovery.The Dow Jones Industrial Average dropped 710.16 points, or 2.7%, to 25,445.94. The S&P 500 closed…