Gold Edges Down Over Renewed Stimulus Hopes….Live News Update By MOONCOMMODITY.COM

Gold was down on Thursday morning in Asia, with renewed hopes for more U.S. stimulus leading to a retreat from the safe-haven yellow metal.

Gold futures edged down 0.17% at $1,887.65 by 11:36 PM ET (3:36 AM GMT). The dollar inched down on Thursday, giving up its earlier gains, and Asian stocks were mostly up.

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