Gold Climbs 1.2% as Dollar and Treasury Yields Weaken
Spot gold rose 1.2% to $4,156.11 on Thursday as the dollar and US Treasury yields remained under pressure. Investors awaited US inflation data for clues on the Federal Reserve’s rate path.
11. The dollar and US Treasury yields remained under pressure as investors awaited fresh US inflation data for indications on whether the Federal Reserve will raise interest rates again this month.