Tuesday, 22 April 2025

Gold eases heading for weekly loss

اقرأ المزيد

Gold prices fell on Friday heading for a weekly loss on stronger U.S. dollar and treasury yields.

Yields on the benchmark U.S. 10-year Treasury note gained back above 2.4%.

Moreover, the U.S. dollar index rose 0.2% to 98.5 points making greenback-priced gold less appealing.

On the other hand, Ukrainian and Russian diplomats are talking in Turkey on different issues including a ceasefire and peace agreement draft.

Spot gold was down 0.9% or $18.9 to trade at $1,935.1 per ounce by 1452 GMT.

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