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Safe-haven gold rises on weak data
Business World Philippines
|June 06, 2025
GOLD rose 1% on Wednesday, supported by a softer dollar and weak US data, as investors grappled with mounting economic and political uncertainty.
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Spot gold climbed 0.8% to $3,378.22 an ounce by 2:02 p.m. ET (1802 GMT), after rising as much as 1% earlier. US gold futures settled 0.7% higher at $3,399.20.
The US dollar index fell 0.5%, making gold cheaper for buyers holding other currencies, while benchmark US 10-year Treasury yields edged lower.
Cette histoire est tirée de l'édition June 06, 2025 de Business World Philippines.
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