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Gold recovers after heavy losses

2022-01-04T07:38:03.140Z


London, SANA- Gold prices rose today after a faster-than-expected rise in US bond yields pushed the metal...


London-Sana

Gold prices rose today after a faster-than-expected rise in US bond yields pushed the precious metal to post its biggest losses in six weeks during the previous session.

Reuters reported that gold increased in spot contracts by 0.2 percent to $1804.46 an ounce, while US gold futures also increased 0.2 percent to $1804.30.

As for other precious metals, silver fell in spot contracts by 0.4 percent to $22.77 an ounce, while platinum rose 0.1 percent to $956 and palladium rose 1.2 percent to $1847.69.

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Source: sena

All business articles on 2022-01-04

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