Bullion veers up as inflation spectre reappears

13.01.2021

Gold gained about 1% on Tuesday, bouncing off a one-month low touched in the last session, as focus returned to prospects of inflation driven by more U.S. fiscal stimulus under President-elect Joe Biden.

Spot gold was up 0.7% at $1,857.63 per ounce at 1218 GMT. On Monday, prices touched their lowest...