Bulls stick to bullion on political crossroads

20.10.2020

Gold climbed on Monday as a softer dollar and optimism over a new U.S. stimulus agreement before next month's presidential election lifted demand for bullion as an inflation hedge.

Spot gold was up 0.7% at $1,912.22 per ounce by 1147 GMT. U.S. gold futures rose 0.5% to $1,916.

The dollar slipped 0.2%...