Gold rose for the third consecutive session on Thursday, supported by a weaker U.S. dollar and lower Treasury yields, as traders increasingly bet on a U.S. interest rate cut in September.
اضافة اعلان
Spot gold climbed about 0.4% to $3,368.99 per ounce as of 01:21 GMT, while U.S. gold futures for December delivery gained 0.3% to $3,417.80.
The U.S. dollar fell close to its lowest levels in several weeks against a basket of rival currencies, making gold less expensive for holders of other currencies.
Meanwhile, 10-year U.S. Treasury yields held near their lowest level in a week.
Data released Tuesday showed that U.S. consumer prices rose slightly in July, increasing the likelihood that the Federal Reserve will cut interest rates next month.
