catch a bid

[LewisJian]

London (June 17) Amid the backdrop of economic uncertainty, gold is finally starting to catch a bid. At $US 1,356.65 an ounce, the price of gold has hit yearly highs. The precious metal has made most of its gains over the past couple of months where it has rebounded from 2019 lows.


Hi,
I came across the above this morning and I had problem understanding "catch a bid." I have googled it on the internet but I couldn't find a definition. So, please help me.

 

[GoesStation]

From the context, I understand the sentence to mean that the price of gold has risen and the writer expects the rise to continue.

 

[Rover_KE]

I came across the above this morning ....

Always tell us the source and author (if known) of any text you quote, please, LewisJian.