Page 3 - S Yields News Today

Read more about Gold hovers near 4-1/2-month high on tepid dollar, inflation jitters on Business Standard. Spot gold was up 0.2% at $1,883.21 per ounce by 0301 GMT. Last week, gold prices hit their highest level since Jan. 8 at $1,889.75

FUNDAMENTALS * Spot gold was down 0.2% at $1,872.21 per ounce by 0126 GMT, but it has risen 1.6% this week. * U.S. gold futures fell 0.4% to $1,873.70 per ounce. * The dollar was pinned near milestone lows against its rivals and was headed for a weekly loss. A weaker greenback makes gold more appealing for other currency holders. [USD/] * Benchmark 10-year Treasury yields fell to 1.6340% overnight. Lower bond yields reduce the opportunity cost of holding non-interest bearing gold. * Risk ...

Oil under pressure, gold stays steady Posted 3 hours agoSharePrint Iran weighs on oil prices Brent crude and WTI have now retreated around 7.0% from their highs at the start of the week as markets with heavy speculative positioning were punished by association with cryptocurrencies mid-week. Notably, oil prices have failed to recover and have continued down, with the spectre of a return of Iranian oil to the international market weighing on a long speculative market. Overnight, Brent crude anot...

FUNDAMENTALS * Spot gold was up 0.1% at $1,870 per ounce by 0044 GMT, after hitting its highest since Jan. 29 at $1,874.80 in the previous session. * U.S. gold futures rose 0.1% to $1,869.60 per ounce. * The dollar index held close to a near three-month low against its rivals, making gold less expensive for other currency holders. [ * Market participants are waiting for the release of minutes from the U.S. Feds April 27-28 policy meeting at 1800 GMT for further clarity on economic recovery...

FUNDAMENTALS * Spot gold was down 0.2% at $1,823.77 per ounce by 0127 GMT. Bullion lost 0.4% so far this week. * U.S. gold futures were steady at $1,823.20. * The dollar index held firm near a one-week high, and was set for a weekly gain against its rivals. [USD/] * Benchmark U.S. 10-year Treasury yields slipped from a more than one-month high hit on Thursday. Lower bond yields reduce the opportunity cost of holding non-interest bearing gold. [US/] * Data on Thursday showed that fewer Ame...

Back and forth Posted 1 hour agoSharePrint US ISM Services and ADP Employment data came in slightly softer than expected overnight, taking the froth of equity markets which seem to be struggling for momentum at these lofty heights, especially technology. US yields spiked early on a US Treasury debt ceiling scare before retreating as the session wore on. That also served to take the wind out of the sails of the US dollar. Oil fell after the official US Crude Inventories data despite a massive dr...

By Shreyansi Singh (Reuters) - Gold prices rose on Monday as a retreat in U.S. Treasury yields and worries over surging COVID-19 cases in some countries boosted the metals appeal, while palladium held firm after surpassing the $3,000-per-ounce level in the previous session. Spot gold was up 0.5% at $1,777.67 per ounce by 0737 GMT. Trading in Asian hours was low due to public holidays in China and Japan. U.S. gold futures rose 0.6% to $1,777.60 per ounce. "The pandemic situation in Japan and...

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