Gold Rises Over 1% On Expectations Of Large U.S. Stimulus Package
Gold jumped more than 1% on Monday as expectations of a large U.S. stimulus package bolstered bullion’s appeal as an inflation hedge. Spot gold was up 1.4% to $1,836.95 per ounce by 10:35 a.m. EST (1535 GMT). U.S. gold futures rose 1.3% to $1,836.50. U.S. President Joe Biden and his Democratic allies in Congress cleared […]