Gold teeters above $1,800 as lower yields counter dollar strength - Sharjah24
7/3/2022 12:00:00 AM3 years 7 months ago
by Sharjah 24
by Sharjah 24
Sharjah24 - Reuters: Gold inched higher in choppy trade on Monday, as weakness in Treasury yields kept prices above the $1,800-mark and marginally outweighed pressure stemming from elevated U.S. dollar levels.
Spot gold was up 0.1% at $1,811.99 per ounce, by 0319 GMT. U.S. gold futures rose 0.6% to $1,812.10.Bullion prices hit a five-month low of $1,783.50 on Friday, but recovered to end the session nearly… [+575 chars]
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