Bulls are back: Buy gold now

Spot gold rose to its highest in over two weeks on Friday on a weaker dollar and was set to end 2016 more than 9% higher, marking its first annual gain in four years. For the week, gold is up about 2.5% and is poised to register its best weekly gain since early June. In India, the world's No. 2 consumer of the metal, dealers were offering a discount of up to $4 an ounce this week over official domestic prices that include a 10% import tax. They offered discounts of up to $2 last week.