Gold prices jump to two-month high in Dubai as US dollar falls

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Gold prices jump to two-month high in Dubai as US dollar falls

timestampApr 22, 2021 authorAlShorts Web Desk

Gold prices jumped to a two-month high on Thursday morning, heading towards USD1,800 amid weak US dollars and falling US Treasury yields. Spot gold was trading at USD1,792 per ounce, up 0.77%. The 24k gold in Dubai was trading at USD59.08 (AED217) per gram in retail and 21K gold was at USD55.54 (AED204) per gram.

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