Gold steadies near one-month high buoyed by softer dollar, yields - Finance & Business News, Stock Market updates & Reviews | Themarkettrendz

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Wednesday, 13 October 2021

Gold steadies near one-month high buoyed by softer dollar, yields

Gold prices hovered near a one-month peak on Thursday as the dollar and longer-dated Treasury yields retreated from recent highs following hotter-than-expected U.S. inflation data. Spot gold was little changed at $1,793.72 per ounce by 0100 GMT. Prices hit their highest level since Sept. 16 at $1,795.81 on Wednesday.

from Commodities-Markets-Economic Times
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