Gold recovers as bond yields ease
US 10-year Treasury yields edge lower, raising the appeal of holding bullion
09 March 2021 - 08:06
Bengaluru — Gold prices edged higher on Tuesday as a pullback in US Treasury yields added lustre to the bullion after it hit a nine-month low in the previous session.
Spot gold rose 0.3% to $1,686.86 an ounce by 2.59am GMT. Prices had fallen more than 1% to $1,676.10 on Monday, their lowest since June 5. US gold futures climbed 0.4% to $1,684.20...
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.