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[size=35][size=35]Gold is heading towards gains for the third week in a row[/size]
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2021-04-23 | 02:59
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The US President’s suggestion pressured the US Treasury yields, while the yellow metal was also supported by the weak dollar.
Gold settled in spot transactions at $ 1783.28 an ounce, by 05:45 GMT. The metal jumped to its highest level since February 25 at $ 1797.67 on Thursday, adding about 0.4 percent since the beginning of this week.
While US gold futures rose 0.1 percent to $ 1783.90 an ounce.
And the yields of the US Treasury bonds for ten years decreased due to the news that Biden will introduce a plan to increase taxes on high-income earners, and the weak dollar has also raised the demand for gold for holders of other currencies.
Confirming the recovery in Asian demand for the yellow metal, shipments increased to [You must be registered and logged in to see this link.] To their highest levels since 2013, which led Swiss gold exports to rise to the highest level in ten months.
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Economie
[You must be registered and logged in to see this link.]2021-04-23 | 02:59
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[/size]
903 views
Gold prices stabilized today, Friday, and the yellow metal is heading towards achieving its third consecutive weekly gain after US President Joe Biden proposed raising the tax on capital gains.
The US President’s suggestion pressured the US Treasury yields, while the yellow metal was also supported by the weak dollar.
Gold settled in spot transactions at $ 1783.28 an ounce, by 05:45 GMT. The metal jumped to its highest level since February 25 at $ 1797.67 on Thursday, adding about 0.4 percent since the beginning of this week.
While US gold futures rose 0.1 percent to $ 1783.90 an ounce.
And the yields of the US Treasury bonds for ten years decreased due to the news that Biden will introduce a plan to increase taxes on high-income earners, and the weak dollar has also raised the demand for gold for holders of other currencies.
Confirming the recovery in Asian demand for the yellow metal, shipments increased to [You must be registered and logged in to see this link.] To their highest levels since 2013, which led Swiss gold exports to rise to the highest level in ten months.
[You must be registered and logged in to see this link.]
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