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Gold Headlines

Gold jumps 1% as U.S. relief deal bets grow, dollar retreats

Oct 21 (Reuters) - Gold rose 1% to its highest in over a week on Wednesday as investor optimism that a U.S. coronavirus aid package will be announced before the Nov. 3 presidential elections pressured the dollar and bolstered bullion's appeal as an inflation hedge.

Gold gains on renewed hopes of U.S. stimulus deal, weaker dollar (Reuters)

(Reuters) - Gold rose on Wednesday as optimism that U.S. lawmakers could reach an agreement on a pre-election coronavirus relief package weakened the dollar and bolstered bullion’s appeal as a hedge against inflation.

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