Gold climbs over 1% on U.S. stimulus bets, dipping dollar
Gold prices rose over 1% to a one-month peak on Thursday as the dollar spiralled lower on hopes of more coronavirus relief aid and the U.S. Federal Reserve`s pledge to funnel more cash and keep interest rates low
Spot gold jumped 1.2% to $1,885.76 per ounce at 11:40 a.m. EST (1640 GMT), having hit a one-month high of $1,895.81 earlier in the session. U.S. gold futures were up 1.9% at $1,894. Source: Reuters