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Gold crosses $1,900 as currency and US yields fall

2021-06-12T04:40:36.041Z


Singapore, SANA-Gold prices exceeded $1,900 an ounce today due to the decline in the dollar and the decline in treasury yields


Singapore-Sana

Today, gold prices exceeded $1900 an ounce due to the decline in the dollar and the decline in US Treasury yields.

And Reuters reported that gold rose in spot transactions 0.1 percent to $ 190.10 an ounce, while US gold futures rose 0.3 percent to $ 1902.7 an ounce.

As for other precious metals, silver rose 0.4 percent to 28.07 dollars an ounce, while platinum gained 0.1 percent to 1151.98 dollars, while palladium declined 0.1 percent to 2772.71 dollars.

Record US Treasury yields fell to their lowest level in three months, reducing the opportunity cost of holding the yellow metal.

Source: sena

All business articles on 2021-06-12

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