Gold Climbs 1.3% as Dollar and Treasury Yields Weaken
Spot gold rose 1.3% to $4,156.58 on Thursday as the dollar and US Treasury yields remained under pressure. Investors awaited fresh US inflation data for clues on whether the Federal Reserve will raise interest rates again this month.
Gold rose more than 1% on Thursday as the dollar and US Treasury yields stayed under pressure. Investors awaited fresh US inflation data for indications on whether the Federal Reserve will raise interest rates again this month. Spot gold TVC:GOLD gained 1.3% to $4,156.58.