Gold rises in price for the second session in a row. Today at 9:20 the cost of it A troy ounce on the Comex rose 0.11% to $ 1,885.30. Previously in the morning the growth reached 0.33%. A positive factor influencing the dynamics is depreciation of the dollar. The latter weakened amid hopes players in relation to the development of the US economy, which will receive financial incentives. As previously reported, chapter United States Donald Trump Signs Aid Package Act for the country's economy; the amount of allocated funds is 900 billion. The associated optimism weakens investor interest in reliable American currency. At the same time, the situation is conducive to higher gold prices as the lower value of the dollar allows foreign investors to purchase more precious metals. The growth driver for gold will also be the policies of Joe Biden, intending to impose strict restrictions in connection with the coronavirus, which will affect the economy.
