Gold price jumps 2% on dollar slide, stimulus bets
Gold price jumped over 2% on Tuesday, rebounding from a five-month low in the previous session, and silver soared nearly 5% as the dollar fell and as U.S. stimulus bets due to mounting COVID-19 cases eclipsed the optimism around a vaccine-led economic recovery.
Gold price plunged to $1,764.29 on Monday, a trough since July 2, driven by a rush to riskier assets.