Gold costs completed at a five-week excessive because the U.S. greenback weakened and Treasury yields declined after the Federal Reserve and different U.S. authorities tried to stop a banking disaster from spreading within the aftermath of SVB collapse.
Price motion
Market drivers
Gold prolonged its safe-haven attraction on Monday as traders had been piling into the yellow metallic regardless of President Joe Biden’s assurance that the banking system continues to be “safe” within the wake of the failures of Silicon Valley Bank and Signature Bank….
Source web site: www.marketwatch.com
