Gold remains near $1,900/oz on weaker dollar, US bond yields
US gold futures rise as investors shrug off data showing rise in US inflation
11 June 2021 - 07:43
Bengaluru — Gold prices hovered near the key $1,900/oz level on Friday, helped by a weaker dollar and US bond yields, as investors shrugged off data that showed a rise in US inflation and hoped the Federal Reserve would not change its dovish stance.
• Spot gold was up 0.1% at $1,899.28/oz, at 0.59am GMT. Prices have risen 0.5% so far this week...
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