Asian Trading Sees Gold Prices Rise Amid US Treasury Yield Retreat
Gold prices rose by 0.2% in early Asian trading on August 19 as US Treasury yields retreated from recent highs.
The price of spot gold increased to $4,342.33 per ounce after falling nearly 2% on the previous day.
US gold futures for December delivery dropped by 0.6%, trading at $4,396.30.