Bengaluru — Gold prices firmed on Tuesday after falling as much as 5.2% in the previous session, as hopes of more US stimulus measures to cushion the Covid-19 pandemic hit bolstered the precious metal’s appeal as an inflation hedge.
Spot gold climbed 1% to $1,880.41/oz by 3.52am GMT. It fell to $1,849.93, its lowest level since September 28, on Monday after US drugmaker Pfizer said its experimental Covid-19 vaccine was more than 90% effective, based on initial trial results...
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