London-Sana
Gold prices stabilized today, with US bond yields rising to multi-year highs following the Federal Reserve's decisive stance on inflation.
Reuters reported that the price of gold settled in spot transactions at the level of 1936.03 dollars, while US gold futures rose 0.5 percent to 1938.80 dollars an ounce.
Yields on 10-year US bonds jumped above 2.3 percent for the first time since May 2019.
As for other precious metals, the price of palladium, used in the automobile industry, fell 0.4 percent to $2574.04 an ounce.
While the price of silver in spot transactions rose 0.5% to $ 25.33 an ounce, and platinum increased 0.2 percent to $ 1039.46 an ounce.
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