Gold recovers some of last week's losses

Gold recovers some of last week's losses

Gold prices rose today, to compensate for some losses, after it recorded its largest weekly decline since March 2020, after the dollar index fell from its highest level in two and a half months, and the US Treasury bond yields for 10 years rose from their lowest level in four months. .

Spot gold rose 1.1% to $1,782.83 an ounce and US gold futures rose 0.8% to $1,782.90 an ounce, after gold prices fell 6%, or $113, last week. As for other precious metals, silver rose 0.6% to $25.95 an ounce, platinum rose 2.5% to $1060.05, and palladium rose 4.5% to $2575.24, after falling more than 11% last week.