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The price of gold jumped more than 2% in session today, Tuesday, recovering from its lowest level in nine months, which it had recorded in the previous session, as bond yields drop. of the US Treasury and the dollar.
Spot gold rose 2.1% to $ 1,716.11 an ounce at 3:15 p.m. GMT, after plunging in Monday’s session to $ 1,676.10 an ounce, its lowest level since June 5 .
And US gold futures rose 2.2% to $ 1,715.40 an ounce.
The ten-year US Treasury yield fell from its highest level in more than a year recorded last week, while the dollar index fell.
Among other precious metals, silver jumped 3.4% to $ 25.95 an ounce, platinum rose 3.3% to $ 1,173.35 an ounce, while palladium fell d ‘about 1% at $ 2,293.11 an ounce.
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