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Gold touches its highest level in two weeks

2021-03-18T07:31:28.802Z


Singapore-SANA Gold prices rose today to the highest level in more than two weeks, after the US central bank pledged


Singapore-Sana

Gold prices rose today to the highest level in more than two weeks after the US central bank pledged to keep interest rates near zero until 2023.

Reuters reported that gold rose in spot transactions by 0.4 percent to $ 1750.82 an ounce, after touching its highest levels on the first of March at $ 1755.25.

US gold futures jumped 1.3 percent to $ 1749.80.

The dollar index fell to its lowest level in two weeks, while record US Treasury yields settled near the peak of more than a year.

As for other precious metals, palladium gained 1.2 percent to $ 2599.75, continuing to rise to the highest level since the second of March of last year, silver increased 0.6 percent to $ 26.49 an ounce, and platinum rose 0.1 percent to $ 1214.55.

Source: sena

All business articles on 2021-03-18

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