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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 ...

Aston Villa interested in signing Liverpool youngster

Aston Villa are interested in signing the Liverpool youngster Rhian Brewster this summer. The 20-year-old striker was on loan at Swansea City last season and he managed to score 11 goals for them. Brewster needs to leave the club in order to play regular first-team football and it will be interesting to see if the likes of Villa can agree on a fee with Liverpool in the coming weeks. According to Independent, Sheffield United are keen on signing the young striker as well and they have already spoken to the Reds regarding a move. Liverpool value the young striker at £25 million and they are hoping to insert a buy-back clause in the contract if Brewster is sold this summer. Such a deal would be ideal for Liverpool as it would allow the player to develop with the regular first-team football el...