mulus bill in Washington.
Eyes are on the Fed's next policy meeting this week, with some predicting further measures to boost the economy -- possibly negative interest rates -- that could put more pressure on the dollar and send bullion above $2,000. "Strong gains are inevitable as we enter a period much like the post-global financial crisis environment, where gold prices soared to record levels as a result of copious amounts of Fed money being pumped into the financial system," said Gavin Wendt, senior resource analyst at MineLife.
The tech-rich Taipei market ended at a record high thanks to a 10 percent surge in heavyweight Taiwan Semiconductor Manufactuirng Company, which has been riding a rally in the sector thanks to people working from home during the virus.Investors are growing concerned about slow progress on a new US stimulus programme, with Republicans still to present proposals worth around $1 trillion, which is less than a third of the plan set out by Democrats.
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