Hello everyone! Today, the price of gold in the world has slightly increased to $1,924.7 per ounce, which is $6 higher than yesterday.
Despite the rising value of the US dollar, precious metals continue to maintain their high prices. Conversely, the decrease in yields on 10-year US government bonds below a two-week peak in the previous session has provided some support for precious metals.
Despite the rising value of the US dollar, precious metals continue to maintain their high prices. Conversely, the decrease in yields on 10-year US government bonds below a two-week peak in the previous session has provided some support for precious metals.
Comment:
The US announced that the number of initial weekly unemployment benefit applications increased by only 216,000 applications, much less than the forecast of 234,000 applications.
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