Tuesday, 22 April 2025

Gold prices climb on weaker US Dollar

Gold prices advanced on Tuesday, as the U.S. dollar fell to a one-month low for a second consecutive session.

Spot gold climbed 0.3% at $1,858.19 per ounce by 0757 GMT after rising to its highest since May 9th at $1,865.29 on Monday.

U.S. gold futures rose 0.4% to $1,854.40.

اقرأ المزيد

The U.S. dollar, a rival safe-haven asset to gold, has been declined alongside a slide in Treasury yields from multi-year peaks, with aggressive easing by the Federal Reserve already priced in.

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