Golden Scout - Gold Up Over Cautious U.S. Stimulus Hopes, Vaccine Hiccups

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Golden Scout - Gold Up Over Cautious U.S. Stimulus Hopes, Vaccine Hiccups

Gold was up on Friday morning in Asia, as investors were cautiously optimistic over the latest U.S. stimulus measures and as Pfizer Inc (NYSE:PFE) cut the number of COVID-19 vaccine doses that it will roll out.

Gold futures were up 0.26% at $1,845.80 by 11:48 p.m. (ET) as investors slowly turned to the safe-haven yellow metal. Holdings of the SPDR Gold Trust (P:GLD) fell 0.1% to 1,189.82 tons on Thursday from 1,191.28 tons on Wednesday.

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