Gold on track for weekly gain as dollar weakens
Spot gold and US futures rise amid optimism over a US fiscal stimulus deal
04 December 2020 - 08:15
Bengaluru — Gold prices firmed on Friday, set for their first weekly gain in four, as growing optimism over a US fiscal stimulus deal pressured the dollar and boosted the metal’s appeal as an inflation hedge.
Spot gold rose 0.2 % to $1,843.99/oz by 3.10am GMT. US gold futures were up 0.4% at $1,847.90/oz. Gold has added more than 3% so far this week...
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