Gold prices rose today, supported by the fall of the dollar as investors' attention shifted to the US Senate vote on an increase in aid linked to the pandemic, but the rise in Asian stocks limited the gains.

Spot gold rose 0.4 percent to $ 1877.66 an ounce, by 06:58 GMT, and the metal had risen 1.3 percent on Monday after approving an aid package for those affected by Corona in the United States of nearly $ 900 billion.

Was little changed on the US gold futures contract, to record $ 1880.90 an ounce.

The dollar fell 0.2 percent against competing currencies, while Asian stocks rose, as Japan's shares reached a 30-year high, supported by optimism, ahead of the US Senate vote today on payments related to Covid-19 at a value of two thousand dollars per capita.

And gold, which is considered a hedge against inflation, has gained more than 23 percent this year, which is largely due to a set of stimulus measures adopted to mitigate the effects and consequences of the pandemic.

Source: Reuters

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