Gold set for third weekly gain as US bond yields, dollar tumble - Finance & Business News, Stock Market updates & Reviews | Themarkettrendz

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Thursday, 28 October 2021

Gold set for third weekly gain as US bond yields, dollar tumble

Gold prices on Friday were set to mark a third straight weekly gain as a retreat in U.S. bond yields and a tepid dollar lifted bullion's safe-haven appeal. Spot gold was steady at $1,797.82 per ounce, as of 0100 GMT, but gained 0.3% so far this week. U.S. gold futures dropped 0.2% to $1,799.40 per ounce.

from Commodities-Markets-Economic Times
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