Gold rises to nine-year peak on stimulus bets, silver soars

Gold rises to nine-year peak on stimulus bets, silver soars

Gold rises to nine-year peak on stimulus bets, silver soarsSpot gold was up 0.4% at $1,822.11 per ounce by 0730 GMT after hitting its highest since September 2011. U.S. gold futures rose 0.4% to $1,823.80. European Union leaders reached a deal on a massive stimulus plan for their coronavirus-blighted economies after a fractious summit that went through the night and into its fifth day.