Gold eases off nine-month peak as U.S. dollar, yields gain - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Tuesday, 24 January 2023

Gold eases off nine-month peak as U.S. dollar, yields gain

Spot gold fell 0.2% to $1,927.35 per ounce by 10:20 a.m. ET (1520 GMT), after hitting its highest since late-April 2022 earlier in the session. U.S. gold futures was up 0.3% to $1,922.30.The dollar index gained 0.2% against its rivals, making greenback-priced bullion cheaper for many buyers, while benchmark U.S. 10-Treasury yields rose to a near one-week high. [USD/][US/]

from Commodities-Markets-Economic Times
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