KONTAN.CO.ID - GOLD prices on Friday edged higher on cautious investor optimism over additional U.S. stimulus, while news that drugmaker Pfizer slashed the target for the rollout of its COVID-19 vaccine also helped lift the allure of the safe-haven metal. FUNDAMENTALS * Spot gold was up 0.1% at $1,841.90 per ounce by 049 GMT, holding near previous session's peak of $1843.80 - highest in more than a week. Bullion has added about 3% so far in the week. * U.S. gold futures were up 0.2% at $1,844.60.
Gold nudges higher as investors pin hopes on U.S. stimulus
KONTAN.CO.ID - GOLD prices on Friday edged higher on cautious investor optimism over additional U.S. stimulus, while news that drugmaker Pfizer slashed the target for the rollout of its COVID-19 vaccine also helped lift the allure of the safe-haven metal. FUNDAMENTALS * Spot gold was up 0.1% at $1,841.90 per ounce by 049 GMT, holding near previous session's peak of $1843.80 - highest in more than a week. Bullion has added about 3% so far in the week. * U.S. gold futures were up 0.2% at $1,844.60.