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Gold rose in Monday morning trading in Asia, hitting its highest level in two months. The dollar also gave the yellow metal a boost.
Gold continues to rise in these moments, achieving a rise of 0.3% to record 1822.56 dollars an ounce, while gold contracts recorded 1824.45, an increase of 0.4%, thus gold remains above the 1800 dollars mark after hitting its highest level since September 7 earlier in the session. The dollar, which usually moves in reverse with gold, fell on Monday.
The US dollar index recorded a decline of 0.18% and stood at 94.14 against a basket of foreign currencies, while the US Treasury bonds rose +1.80% to record 1.479, which despite the rise is a decline from the last levels that exceeded 1.6 before the rise of strong gold.
