Gold Surpasses $1,700 as US Data Drives Sentiment Shift
Oct 11, 2022
Earlier last week, gold continued its rally surpassing its $1,700 an ounce price. This comes as weak data drives a shift in sentiment in the precious metals market. The price of spot gold gained a little over 1% to reach $1,719.04 an ounce. This is its highest price in three weeks.
Meanwhile, benchmark 10-year treasury yields in the United States declined to a new low as the dollar extended its decline, which in…
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