GOLD SHINES BRIGHTER AMID INFLATION CONCERNS

Monday, 17/05/2021 | 10:33 GMT

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Gold prices spiked on Friday, after remaining volatile through the first half of the week. The yellow metal was supported by a decline in the US dollar and Treasury yields. US assets came under pressure on Friday on disappointing retail sales data. However, prospects of the Federal Reserve raising interest rates sooner than expected kept gold prices in check.

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Source: https://www.adss.com/en/market-updates/research/gold-shines-brighter-amid-inflation-concerns/

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