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Gold prices traded steady today as safe-haven buying fueled by an Omicron-driven surge in coronavirus infections countered pressure from higher US Treasury yields.
Markets traded firm on the last trading day of 2021 and gained nearly a percent.
Markets ended the final week of 2021 with decent gains amid mixed cues.
Gold prices traded steady today and are set for the worst year since 2015 as a global economic recovery reduced safe-haven flows into the metal and as central banks prepared to raise interest rates to contain inflation.
Gold prices traded lower today, as support from weaker US dollar and persisting coronavirus risks were countered by sharp rise in US bond yields and weaker investor interest.
Markets took a breather after the recent rebound and ended marginally lower in a lackluster session.
Gold prices edged lower today, as a stronger US dollar and increased appetite for riskier assets depressed sentiment.
Markets extended Monday’s up move and gained nearly a percent, tracking firm global cues.
Gold prices traded higher today, as the U.S. dollar weakened and concerns over the spread of the Omicron coronavirus variant led bullion's year-end rally to a more than a one-month high.
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