Gold set to post monthly decline on stronger dollar
US Treasury yields push dollar higher as investors await developments around a US stimulus package
29 January 2021 - 07:35
Gold prices were steady on Friday as investors waited for developments around a US stimulus package, though the metal was on course to post a weekly and monthly decline hurt by a stronger dollar.
Spot gold was unchanged at $1,840.91/oz at 0.58am GMT. Prices were down 0.6% for the week and 2.9% for the month. US gold futures rose 0.1% to $1,839.70/oz...
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