Gold Prices Continue to Trend Higher on Several Factors
Gold Prices Continue to Trend Higher on Several Factors FinancialBuzz.com News Commentary NEW YORK, April 16, 2021 /PRNewswire/ -- Gold prices continued to rise on Thursday, as the June Gold futures had their biggest daily gain since March. Gold prices reacted to the U.S. bond yields' pull back and increasing U.S. tensions with China and Russia, which emphasizes the status of the yellow metal as a safe haven asset. According to a report by Kitco, a weaker U.S. dollar index and a rally in crude oil futures this week are also helping to push the gold and silver markets. In addition, even though...
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