Gold climbs as growth risks remain, eyes 6th weekly gain – ZAWYA

Gold climbs as growth risks remain, eyes 6th weekly gain – ZAWYA

gold climbs as growth risks remain, eyes 6th weekly gain spot gold rose 0.7% to $1,808.85 per ounce    image used for illustrative purpose. gold bars and granules are pictured at the austrian gold and silver separating plant 'oegussa' in vienna october 23, 2012. gold jumped on friday, poised for its sixth consecutive weekly gain, as a record-breaking rise in coronavirus infections in the united states fueled uncertainly about an economic recovery, while a weaker greenback also added support.spot gold rose 0.7% to $1,808.85 per ounce at 1:47 p.m. edt (1747 gmt) and has gained 0.6% so far this week. u.s. gold futures settled up 0.5% at $1,810 per ounce."negative real interest rates, ballooning central bank balance sheets, weaker u.s. dollar and still-rising covid-19 cases are enhancing the safe-haven appeal of the yellow metal," said anz commodity strategist soni kumari.spot gold rose 0.7% to $1,808.85 per ounce at 1:47 p.m. edt (1747 gmt) and has gained 0.6% so far this week. u.s. gold futures settled up 0.5% at $1,810 per ounce.gold jumped on friday, poised for its sixth consecutive weekly gain, as a record-breaking rise in coronavirus infections in the united states fueled uncertainly about an economic recovery, while a