Gold rises, set for weekly gain on softer dollar - Finance & Business News, Stock Market updates & Reviews | Themarkettrendz

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Thursday, 21 October 2021

Gold rises, set for weekly gain on softer dollar

Gold inched higher and was poised for a second weekly gain on Friday, as a softer dollar provided some respite against higher U.S. bond yields and rising expectations that central banks could begin easing economic support. Spot gold rose 0.1% to $1,785.00 per ounce by 0216 GMT. U.S. gold futures edged 0.2% higher to $1,786.00.

from Commodities-Markets-Economic Times
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