The dollar and US Treasury yields fell again after reaching their highest levels in years, which brought back the appeal of the precious metal that did not accomplish, prices registering their highest level in three weeks today, Tuesday.
Additionally, gold’s spot price increased 2. 5% to $1707.00 per ounce (or an ounce) by 7:25 a.m., after earlier reaching its highest level since September 13 at $1700.00 per ounce (or an ounce), up 0.9% to $1,717.60.
Dollar index decreased by 0.
The price of gold decreased by 5% for buyers from abroad, while the yield on the ten-year US Treasury declined.
In terms of other commodities, silver’s market price increased by 1% to $20. 96 an ounce after reaching its highest level since June.
Palladium increased by as high as 4.2% before rising by 3.3% in trading to $ 2294.79, while platinum and platinum increased by 1.2% to $ 912.85 per ounce.
three weeks during which the dollar fell
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