Gold gains slightly as U.S. stimulus hopes offset cash rush

Spot gold was up 0.1% at $1,611.73 per ounce by 0230 GMT, after rising as much as 1.6% earlier in the day. U.S. gold futures climbed 0.8% to $1,673.60. Benchmark spot gold prices continued to trade below U.S. gold futures in a sign that the market is worried air travel restrictions and precious metal refinery closures will hamper shipments of bullion to the United States to meet contractual requirements. …read more

Source:: Yahoo Finance


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