Gold rises as US yields, dollar slip; markets watch Israel-Iran truce
Ammon News - Gold prices edged higher on Wednesday, supported by a pullback in the U.S. dollar and Treasury yields, as markets monitored the fragile truce between Israel and Iran.
Spot gold was up 0.1% at $3,328.18 per ounce, as of 0425 GMT, after hitting on Tuesday its lowest level in more than two weeks.
U.S. gold futures rose 0.3% to $3,342.30.
The dollar index hovered near a one-week low, making greenback-priced bullion more attractive for other currency holders. The benchmark 10-year Treasury yields remained near a more than one-month low.
Elsewhere, spot silver was up 0.1% at $35.95 per ounce, platinum fell 0.2% to $1,314.75, while palladium was down 0.4% at $1,062.24. Reuters
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