Gold ticks up on weaker dollar and hopes for huge US economic stimulus
Greenback down 0.1% against rival currencies, making bullion cheaper for holders of other units
25 January 2021 - 07:34
Bengaluru — Gold prices gained on Monday as the dollar eased and hopes that a huge economic stimulus in the world’s largest economy would be passed remained intact.
Spot gold rose 0.1% to $1,854.95 per ounce by 5.29am, recovering from a 0.9% decline in the previous session. US gold futures eased 0.1% to $1,854.30...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.