Gold rises to one-week high after US treasury yields slip
Weaker-than-expected US inflation data helped buoy the safe haven
11 March 2021 - 07:52
Bengaluru — Gold prices rose to a more than one-week peak on Thursday, after weaker-than-expected US inflation data halted an advance in treasury yields and the dollar.
Spot gold was up 0.2% to $1,729.24/oz by 2.53am GMT, after hitting its highest level since March 3 at $1,732.05 earlier in the session. US gold futures rose 0.4% to $1,729.10...
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