Commodities
Gold Prices Surge on Lower US Treasury Yields and Weaker Dollar
Gold prices rose on August 24 due to lower US Treasury yields and a weaker dollar that boosted demand for bullion.
The COMEX gold futures were up 0.47 percent to $4,702.70 per ounce, while silver was down 0.69 percent to $69.05 per ounce during the morning trade on August 24.
Going ahead, gold will take cues from bond prices, crude oil, and US-Iran developments, while Core PCE inflation and US GDP data will be key macro triggers.