Gold Rises Again to a One-Month Peak as Dollar And Bond Yields Fall

Gold rose on Tuesday to a four-week high hit in the previous session, supported by a weak dollar and falling US Treasury yields, as investors awaited the US non-farm payrolls data due later this week.

Gold in the spot market rose 0.3% to $ 1815.11 an ounce by 0848 GMT, after hitting its highest level since August 4 on Monday at $ 1822.92, and gold rose in futures trading in the United States 0.3 percent to $ 1817.20.

The dollar index fell to its lowest level in more than three weeks, which reduces the cost of the yellow metal to holders of other currencies. The interest rate on US 10-year Treasury bonds fell to the lowest level in a week.