Gold bounces as dollar weakens, investors watch Ukraine-Russia talks
Key points:
SPDR gold holdings highest since March 2021
Gold up for second straight session
Fed may raise rates six more times this year
U.S. dollar weakens
Gold rose 1% on Thursday, supported by a retreat in the U.S. dollar and Treasury yields, with investors cautiously watching developments in peace talks between Russia and Ukraine.
LIKE GOLD IS KEEPING THE RISE TREND
Key points:
SPDR gold holdings highest since March 2021
Gold up for second straight session
Fed may raise rates six more times this year
U.S. dollar weakens
Gold rose 1% on Thursday, supported by a retreat in the U.S. dollar and Treasury yields, with investors cautiously watching developments in peace talks between Russia and Ukraine.
LIKE GOLD IS KEEPING THE RISE TREND
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.