Gold prices up from 3-month lows as dollar surge slows - Business News, Finance News, Share Market News - Market trendz

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Monday 16 May 2022

Gold prices up from 3-month lows as dollar surge slows

Gold prices on Monday rose above the more-than-three-month low level hit in the previous session, as a weaker dollar outweighed pressure from higher U.S. Treasury yields. Spot gold was up 0.3% at $1,815.69 per ounce, as of 0057 GMT. U.S. gold futures gained 0.2% to $1,812.20.

from Commodities-Markets-Economic Times
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