Tag: janet yellen

Gold prices headed back towards seven-month lows on Wednesday as an ascending dollar and bond yields after strong US jobs data kept markets expectant of further monetary policy tightening, while palladium slipped to its lowest level since late 2018. Spot gold eased 0.1% to $1,820.70 per ounce by 0332 GMT, while US gold futures dropped 0.3% to $1,836.20. Prices fell for a seventh consecutive session on Tuesday to touch their lowest levels since March at $1,813.90, as the US dollar strengthened on data showing US job openings...