Gold rises 1.9% to two-week high as dollar and Treasury yields ease
Spot gold climbed to $4,134.83 an ounce by 0316 GMT, its highest since October 22, supported by a weaker US dollar and lower US Treasury yields after US midterm elections.
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03:58:10 AM UTC
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By Sherry QinGold-linked stocks shined in Hong Kong and China as the precious metal regained momentum following a slide in oil prices and lower Treasury yields.After regaining the key $4,000 level in the previous session, spot gold rose another 1.8% to $4,135.18 a troy ounce in Asian trading on Thu…
By Sukanya MitraGold prices climbed nearly 2% to a two-week high on Thursday, supported by a weaker US dollar and lower US Treasury yields in the wake of a Democratic midterm election wave.Spot gold TVC:GOLD rose 1.9% to $4,134.83 per ounce by 0316 GMT, hitting its highest since October 22. Bullion…