Reuters) - Gold fell as much as 2% and silver nearly 6% on Wednesday as investors flocked to the dollar in the absence of signs of any imminent U.S. fiscal stimulus measures to ease the economic blow from the COVID-19 pandemic.Spot gold hit its lowest since Sept. 28 at $1,869.21 per ounce before recovering to $1,881.41 by 12:01 p.m. EDT (1601 GMT). U.S. gold futures fell 1.5% to $1,882.70. Silver slumped as far as $23, its lowest since Oct. 7. “The metals were so dependent on more stimulus at this point and the bear camp is fully in control right here,” said Bob Haberkorn, senior market strategist at RJO Futures. “Overall, the gold market is lower on a strengthening dollar due to the lack of stimulus measures and risk-off mentality heading into this election.”