Gold rose on Thursday as a pause in the dollar's rally encouraged some investors to snap up bargains after two sessions of heavy losses that sent prices to a nine-month low. The price jumped during the Asian hours as the USD dropped amid concerns on the growth rate.
Currently, gold trades at around $1811.37, which is another rise of $0.68 or 0.04% from the previous close of 1810.69.
The daily trading range is from $1805.43 to 1814.20, while the trading volume is 75.736K.
The USD which is in general into a reverse relationship to the precious metal, slipped this morning.
Benchmark U.S. 10-year Treasury yields fell to their lowest level in a month on Friday.
Soft U.S. data indicated in lower risks for this Fridays June payroll report.
The leading consumer China entered into recovery back slowly as COVID-19 curbs eased.In the meantime, silver added 0.62%, while Platinum tumbled 0.44%.
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