Bullion braves strong greenback on U.S. stimulus optimism

26.10.2020

Gold edged up on Friday on hopes that a U.S. stimulus package would eventually be passed, boosting the metal's appeal as an inflation hedge, although a stronger dollar capped gains.

Spot gold  rose 0.1% to $1,906.29 per ounce by 0405 GMT, after slipping more than 1% in the previous session. Bullion...