Gold climbs above $1,900
Metal breaches psychological level with help from a softer dollar and inflation concerns after Fed maintains dovish stance over rates
26 May 2021 - 08:41
Bengaluru — Gold prices rose above the psychological level of $1,900/oz on Wednesday, helped by a weaker dollar and growing inflation concerns after Federal Reserve officials maintained a dovish stance over rates.
Spot gold rose 0.4% to $1,906.99/oz by 12.32am GMT, its highest level since January 8. US gold futures gained 0.5% to $1,906.60/oz...
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