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Gold is up more than 2 percent as US Treasury yields decline

2021-03-09T20:07:52.227Z


Washington - SANA Gold prices rose more than 2 percent during trading, recovering from their lowest level in nine hours


Washington-SANA

Gold prices rose more than 2 percent during trading, recovering from its lowest level in nine months, which it recorded in the previous session.

Reuters reported that gold rose in spot transactions 2.1 percent to reach $ 1716.11 an ounce after it fell in yesterday's session to $ 1676.10 per ounce, its lowest level since the fifth of last June.

US gold futures rose 2.2 percent to reach $ 1715.40 an ounce and US Treasury bond yields for ten years fell from their highest level in more than a year, which was recorded last week, while the dollar index fell.

Among the other precious metals, silver rose 4.3 percent to reach $ 25.95 an ounce, platinum rose 3.3 percent to $ 1173.35 an ounce, while palladium declined about 1 percent to $ 2293.11 an ounce.

And gold prices recorded their lowest level in nine months earlier.

Source: sena

All business articles on 2021-03-09

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