Gold begins 2021 with more 2% jump


Spot gold was up 2.4% at US$1,943.13 an ounce by 2 p.m. EST (1900 GMT). The session high of $1,944.11 was its highest mark since Nov. 9. U.S. gold futures settled up 2.7% at $1,946.60.

NEW YORK: Gold prices rose more than 2% on Monday to their highest level in nearly two months, bolstered by the dollar's slide ahead of runoff elections for both U.S. Senate seats from Georgia.

Spot gold was up 2.4% at US$1,943.13 an ounce by 2 p.m. EST (1900 GMT).

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