Business · Markets · 3 hrs ago

Gold reaches highest level in more than two weeks

Gold reaches highest level in more than two weeks

Gold prices rose to a more-than-two-week high as the U.S. dollar and Treasury yields declined.

The figures cover gold and other precious metals traded on spot markets.

Spot gold gained 0.9% to $4,095.49 per ounce during the session.

It earlier reached $4,146.63 per ounce, its highest level since October 20.

The moves came alongside a 0.5% drop in silver to $51.95 per ounce.

Platinum and palladium rose, gaining 1.8% to $1,523.33 and 3.6% to $1,040.75 per ounce, respectively.

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