High hopes for more stimulus measures in light of the Coronavirus, gold prices rose today, Monday, to the highest level in nearly two months.
and the spot gold record increased 0.5% to $ 1960.99 an ounce. And earlier in the session, the yellow metal recorded $ 1965.33, the highest level since September 16.
In US futures, gold gained 0.6% to $ 1963.20.
It should be noted that unprecedented stimulus measures and internationally low interest rates have placed gold on The track record is its best year in a decade due to its attractiveness as a hedge against inflation and currency depreciation.
