Gold price continues to be volatile. The US Senate passes a $484 billion stimulus program for backing small businesses and hospitals in the pandemic.
At the same time, the collapse in crude oil futures suggest more historical events will occur this year amid the slowdown in global growth.
The Trump administration plans a three-phased approach to reopen the US. It hopes for a V-shaped comeback that may fuel a larger correction in gold as major central banks push monetary policy into uncharted territory.