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Gold price hike


London, SANA- Gold prices rose today, supported by the decline in US bond yields, and fears of a rise in infections with


Gold prices rose today, supported by lower US bond yields and concerns about a rise in injuries to the modified Delta strain.

Spot gold rose 0.3 percent to $1806.80 an ounce, while US gold futures rose 0.3 percent to $1806.70.

As for other precious metals, silver gained 0.4 percent to $25.25 an ounce, palladium went down 0.4 percent to $266.71, and platinum rose 0.3 percent to $1064.23.

The yields of the benchmark 10-year treasury bonds have fallen, reducing the opportunity cost of holding the yellow metal, which does not yield a return.

Source: sena

All business articles on 2021-07-26

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