Gold is set for the longest stretch of weekly gains since 2006 as it continues to post records amid rising haven demand, the prospect of more stimulus and simmering U.S.-China tensions. Silver closed in on $30 an ounce as it headed for its biggest weekly jump since 1980. White House and Democratic negotiators driving toward a deal on a final massive virus relief package by the end of the week still must overcome a raw mix of election-year pressures, internal GOP splits and a profound lack of trust between the parties. Meanwhile, President Donald Trump said he could act unilaterally on some measures. Bullion has rallied more than 35% in 2020, putting it on track for the biggest annual gain in over four decades, as the health crisis, negative real rates, a weaker dollar and geopolitical risks spark a flight to precious metals. Spot gold rose as much as 0.6% to a record $2,075.47 an ounce and traded at $2,068.63 by 8:45 a.m. in Singapore. Prices are up for a ninth week. Holdings in exchange-traded funds backed by the metal are at a record. Spot silver advanced as much as 3.2% to $29.8591 an ounce, the highest since 2013. Prices have jumped 22% this week. Investors will focus on the monthly employment report from the U.S. due Friday, which is expected to show a slowdown in job gains last month after a surge in coronavirus cases across the country.