Gold above $2,000 Again

  • International
  • 12 April 2023
1

Gold rose again above the $2,000 level, with the dollar falling from its peak, amid anticipation of US inflation data released on Wednesday in search of signs on the path of raising interest rates in the future.

The yellow metal received some support from a weaker dollar, which also helped offset the impact of pressure from rising Treasury yields.

 

Source (Al Khaleej Emirate Newspaper, Edited)