Gold price slightly rebounded from the previous session lows. Today the gold investors and traders should closely monitor the U.S. Treasury Secretary Janet Yellen's testimony which is scheduled later in the day. As per the recent updates, she expected to give comments about the future of the U.S. dollar policy.
“If you can’t fly then run if you can’t run then walk if you can’t walk then crawl, but whatever you do you have to keep moving forward” – Martin Luther King Jr.
"A crisis of deep human suffering is in plain sight, and there's no time to waste," The US president-elect Joe Biden said. He unveiled his $1.9 trillion stimulus plan Thursday night.
European stocks trading steady on Thursday ahead of European Central Bank Policy Meeting Minutes. On Wednesday, European Central Bank council member Francois Villeroy de Galhau said the ECB will keep an easy stance for as long as needed.
US dollar retreated back to below the psychological 90 level on Wednesday and the Index struggling to find the upside momentum. Moving to the North American session, the investors should keep an eye on the new updates about additional U.S. fiscal stimulus and US inflation data.