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Gold is stable below $ 1900 amid declining bond yields
Gold prices stabilized below the important $ 1900 an ounce level Thursday, May 27th, amid declining US Treasury yields in exchange for strong data that showed the continued recovery of the US economy.
And the spot price of gold was recorded at 1896.76 dollars per ounce, unchanged.
And US gold futures fell 0.3% to determine the settlement price at 1898.5 dollars per ounce.
Palladium rose 2.3% to $ 2806.67 an ounce, while silver advanced 0.5%, recording $ 27.83, and platinum fell 1% to $ 1178.86 an ounce.
Major producer of palladium, Nornickel, said the metal market deficit could worsen in 2021.
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