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advance and kept it near a nine-month low. Spot gold was up 0.5% at $1,719.67 per ounce at 1228 GMT, having dropped on Wednesday to its lowest since June 9 at $1,701.40. U.S. gold futures rose 0.1% to $1,717.70. The U.S. dollar climbed 0.2% against key rivals, making gold more expensive for investors holding other currencies. but were still at elevated levels, while Germany’s 10-year yield also eased. Research analyst Peter Fertig said. “However, it is still not an environment, currently, which would argue to be overweight in the precious metals,” and rather than overall (yield) levels, it’s more the change in bond yields ....
Gold jumps 1% on dollar slide, U.S. stimulus progress marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.