Gold prices crawled higher on Wednesday, as long-dated US Treasury yields retreated from multi-year highs. US gold futures rose 0.3 per cent to $1,194.50 an ounce. The dollar index, which measures the greenback against a basket of six major currencies, was down 0.1 per cent. US long-dated Treasury yields fell on Tuesday in choppy trading, as investors took a respite from selling bonds that took rates to multi-year highs following recent economic data and on interest rate prospects over the next year and a half. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961Gold prices crawled higher on Wednesday, as long-dated US Treasury yields retreated from multi-year highs. US gold futures rose 0.3 per cent to $1,194.50 an ounce. The dollar index, which measures the greenback against a basket of six major currencies, was down 0.1 per cent. US long-dated Treasury yields fell on Tuesday in choppy trading, as investors took a respite from selling bonds that took rates to multi-year highs following recent economic data and on interest rate prospects over the next year and a half. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961
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