Gold heads to weekly high as dollar rises
Spot gold and US gold futures fall as US stimulus underpins the metal
12 February 2021 - 08:04
Bengaluru — Gold eased on Friday as the dollar and Treasury yields edged higher, but prices were on course for their best week in three as hopes of more US stimulus underpinned the metal.
Spot gold dipped 0.3% to $1,820.73/oz at 2.45am GMT. Prices were up 0.5% so far this week. US gold futures slipped 0.3% to $1,821.10/oz...
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.