Gold jumps nearly 2% as dollar slides on stimulus bets
Gold climbed nearly 2% on Friday as the dollar retreated to a near three-week low and increased bets for fresh U.S. stimulus pushed investors to bullion as a hedge against likely inflation
Spot gold rose 1.8% to $1,927.51 per ounce by 10:24 am EDT (1424 GMT), en route to a second straight weekly gain, of about 1.5%. U.S. gold futures gained 2.1% to $1,934.00. Source: Reuters