Gold languishes near 7-week low on rising dollar, bond yields - Finance & Business News, Stock Market updates & Reviews | Themarkettrendz

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Tuesday, 28 September 2021

Gold languishes near 7-week low on rising dollar, bond yields

Gold prices were flat near a seven-week low on Wednesday, pressured by a rise in the dollar and U.S. Treasury yields on growing expectations of an earlier-than-anticipated interest rate liftoff. Spot gold was flat at $1,735.17 per ounce by 0123 GMT. On Tuesday prices fell to their lowest level since Aug. 11 to $1,726.19.

from Commodities-Markets-Economic Times
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