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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 ...

Another Premier League player tests positive for novel coronavirus

A third first-team player from Brighton & Hove Albion tested positive for COVID-19 on Saturday, the Premier League club’s chief executive Paul Barber has confirmed. Two Brighton players had contracted the novel coronavirus in March and April and the latest positive result could cast doubts on the Premier League’s plans to resume the season that has been suspended due to the pandemic. Clubs are due to meet on Monday to further discuss “Project Restart” which envisages a return to play in June once given the green light from government, with the remaining 92 matches held behind closed doors at neutral venues. “It is a concern. Unfortunately we’ve had a third player test positive yesterday,” Barber told Sky Sports on Sunday. “So despite all of the measures that we’ve been taking over the ...