(Bloomberg) — Gold dropped for a second day as concerns over the threat of a trading squeeze eased and investors digested the text of the U.S. stimulus bill.Bullion had a fraught start to the week as logistical disruptions caused by the coronavirus pandemic led to a divergence of prices in New York and London, with traders worried about getting supply, although there are signs that the peak tightness may have eased for now.Late on Tuesday, CME Group said it would rush the launch of a new gold futures contract under which 400-ounce bars would also be deliverable. The move offers …read more
Source:: Yahoo Finance
