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Gold Closes Higher Below $1,900

M. Ali 7 June, 2021 10:03 pm Commodities, Market Update

Gold prices rose on Monday, for the second consecutive session, but once again failed to restore the key $1,900 level.

The yellow metal’s rise was limited by the rising Treasury bond yields.

Gold futures for August delivery gained $6.80, or 0.4%, to finish at $1,898.80 per ounce.

Silver futures for July delivery also closed higher by 12 cents, or 0.4%, at $28.02 per ounce.

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