Business · Markets · 2 days ago

Gold rises to about $4,200 as weaker dollar and lower yields support prices

Gold rises to about $4,200 as weaker dollar and lower yields support prices

Gold prices have risen to about $4,200 an ounce.

A weaker dollar and lower bond yields have helped make gold more attractive to investors.

Funds and China’s central bank have also been buying more gold.

But possible US interest-rate increases could limit further gains.

Sources

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