Wednesday, April 21, 2021

Gold gains as softer US dollar, yields lift appeal

The dollar index fell 0.1% against its rivals after touching a near seven-week low, while benchmark 10-year U.S. Treasury yields dropped below 1.6%, reducing the opportunity cost of holding non-yielding bullion.

from Markets-Economic Times https://economictimes.indiatimes.com/markets/commodities/news/gold-gains-as-softer-us-dollar-yields-lift-appeal/articleshow/82172883.cms

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