Gold off seven-month low as weaker dollar resists firmer Treasury yields
Spot price edges up having touched its lowest level since July 2 while US futures gain too
22 February 2021 - 07:53
Bengaluru — Gold prices inched higher on Monday after hitting a more than seven-month low in the previous session, as support from a weaker dollar eclipsed pressure from firmer Treasury yields.
Spot gold rose 0.1% to $1,783.56 per ounce by 5.04am, having touched its lowest since July 2 at $1,759.29 on Friday. US gold futures gained 0.4% to $1,784.40...
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