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Gold rises on renewed US stimulus hope, dollar falls

Spot gold rose 0.3 percent to $1,910.56 an ounce at 3:37pm, New York time, after falling as much as 0.5 percent. Gold rose on renewed optimism for a preelection aid package in the U.S., while the dollar fell to a one-week low. House Speaker Nancy Pelosi said a bill for a compromise stimulus package is being written as she awaits a key phone call with Treasury Secretary Steven Mnuchin. Senate Majority Leader Mitch McConnell said his chamber would take up a comprehensive coronavirus package if an accord is struck. The Bloomberg Dollar Spot Index headed for the third straight decline. Pelosi said in a Bloomberg Television interview that while there are areas where more work is required to get a compromise, she was pleased with the Trump administration’s latest position on coronavirus testing ...

Kremlin slams German medics’ ‘haste’ on Alexei Navalny poisoning

The Kremlin on Tuesday accused German medics of being too hasty after they said tests on Russian opposition leader Alexei Navalny indicated he had been poisoned. The 44-year-old Navalny, who is one of the fiercest critics of President Vladimir Putin, is being treated at Berlin’s Charite hospital after falling ill on a flight in Siberia last Thursday. He was treated for two days in a hospital in Siberia before being transferred to Germany. His supporters claim he was poisoned by something in his cup of tea at a Siberian airport before taking a flight to Moscow, pointing the finger of blame at Putin. The German clinic said Monday that clinical tests “indicate poisoning with a substance from the group of cholinesterase inhibitors,” substances that are used in nerve agents as well as some medi...