2021-03-24 11:44
IndustryGold gains on lower U.S. yields even as dollar holds firm
Gold prices rose on Wednesday as U.S. Treasury yields held close to one-week low, with bullion shrugging off strength in the dollar following Federal Reserve Chairman Jerome Powell's reassurance that inflation would not spiral out of control.
Spot gold was up 0.3% at $1,731.75 per ounce by 0300 GMT. U.S. gold futures were up 0.4% at $1,732.70 per ounce.
Elsewhere, palladium was down 0.1% at $2,601.96, silver edged up 0.3% to $25.16 and platinum was steady at $1,168.08.
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Gold gains on lower U.S. yields even as dollar holds firm
India | 2021-03-24 11:44Gold prices rose on Wednesday as U.S. Treasury yields held close to one-week low, with bullion shrugging off strength in the dollar following Federal Reserve Chairman Jerome Powell's reassurance that inflation would not spiral out of control.
Spot gold was up 0.3% at $1,731.75 per ounce by 0300 GMT. U.S. gold futures were up 0.4% at $1,732.70 per ounce.
Elsewhere, palladium was down 0.1% at $2,601.96, silver edged up 0.3% to $25.16 and platinum was steady at $1,168.08.
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