Bengaluru — Gold prices fell on Thursday as US treasury yields and the dollar rebounded, while investors awaited details on incoming US president Joe Biden’s coronavirus stimulus proposal.
Spot gold fell 0.3% to $1,838.39/oz by 3.17am GMT, while US gold futures slipped 0.9% to $1,838.90. Benchmark 10-year treasury yields rose to hover near 10-month highs, also helping to lift the dollar against rival currencies...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.