monetary stimulus package
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In overnight news, Asian stocks rallied on the renewed hopes for a U.S. monetary stimulus package.
FORBES: Gold Solidly Up, at 4-Month High, in Wake of Bullish FOMC Minutes
That followed the European Union announcing its own fresh monetary stimulus package the week before.
FORBES: P.M. Kitco Metals Roundup: Comex Gold Sees Late Sell Off on Profit Taking, Big Drop in Crude Oil
At the press conference by Draghi, he is expected by many to announce a fresh monetary stimulus package.
FORBES: Comex Gold Near Steady in Wake of No ECB Rate Cut; Draghi Press Conf. Awaited
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