Dubai – (Masaader News)
Gold prices rose to a two-week high, supported by a drop in US bond yields and a fall to a six-month low due to political tensions in the United States.
On Wednesday, gold rose 2.0% to $ 1261.15 an ounce in late US trade, its highest level since early May.
Gold futures rose 1.8% to $ 1258.70 an ounce.
The dollar index fell against a basket of major currencies to its lowest level since Nov. 9 at 98.112, affected by political tensions between Washington and Moscow because of America’s accusation to Moscow of intervention in the US presidential election.
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