India, Oct. 22 -- Gold prices fell on Thursday and the dollar rebounded from seven-week lows after U.S. President Donald Trump accused congressional Democratic leaders of blocking a new economic relief deal, casting doubt on the prospects of a bipartisan, multitrillion-dollar stimulus deal before Election Day.
Spot gold dropped 0.4 percent to $1,916.95 per ounce, while U.S. gold futures were down half a percent at $1,919.65.
"Just don't see any way Nancy Pelosi and Cryin' Chuck Schumer will be willing to do what is right for our great American workers, or our wonderful USA itself, on Stimulus," Trump posted to Twitter.
Federal Reserve Governor Lael Brainard said on Wednesday that further targeted fiscal support will be needed alongside a...