Bullion veers up as US dollar tumbles once more

04.05.2021

Gold prices jumped more than 1% on Monday, pulling along other precious metals with it, supported by a retreat in the dollar and U.S. Treasury yields.

Spot gold was up 1.5% to $1,794.28 per ounce by 10:06 a.m. EDT (1406 GMT), after hitting its highest since April 23 at 1794.96. U.S. gold...