10-day

Gold touches 10-day high

Gold prices reached a 10-day high due to the weakening U.S. dollar and Treasury yields following the Federal Reserve's indication of ending its monetary policy tightening cycle. Spot gold rose 0.4% to $2,034.31 per ounce, while U.S. gold futures settled 2.4% higher at $2,044.90. Lower interest rates and a weaker dollar are set to benefit gold prices further. - Khabristan.PK