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Gold recovers from a nine-month low

Category: Economy

Date: 2021-03-09T08:49:30+0000
Gold recovers from a nine-month low

Shafaq News/ Gold prices rose on Tuesday, as a pullback in U.S. Treasury yields added some lustre to the metal after it hit a nine-month low in the previous session.

Spot gold rose 0.7% to $1,692.21 per ounce by 0703 GMT. Prices had fallen more than 1% on Monday to $1,676.10, their lowest since June 5.

Silver rose 0.8% to $25.30 an ounce. Palladium climbed 0.3% to $2,322.68. Platinum gained 0.8% to $1,144.49.

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