Gold prices dip as risk appetite climbs - Business News, Finance News, Share Market News - Market trendz

Post Top Ad

Monday, 30 May 2022

Gold prices dip as risk appetite climbs

A weaker dollar makes bullion more attractive for buyers holding other currencies. Higher short-term U.S. interest rates and bond yields raise the opportunity cost of holding bullion, which yields nothing. Gold prices edged up on Friday and posted a second consecutive weekly gain, propped up by a pullback in the dollar and U.S Treasury yields

from Commodities-Markets-Economic Times
Read The Rest:economictimes...

Post Bottom Ad