Precious-Gold prices dip as risk appetite climbs

A weaker dollar makes bullion more attractive for buyers holding other currencies. Higher short-term U.S. interest rates and bond yields raise the opportunity cost of holding bullion, which yields nothing. Gold prices edged up on Friday and posted a second consecutive weekly gain, propped up by a pullback in the dollar and U.S Treasury yields

Precious-Gold prices dip as risk appetite climbs
A weaker dollar makes bullion more attractive for buyers holding other currencies. Higher short-term U.S. interest rates and bond yields raise the opportunity cost of holding bullion, which yields nothing. Gold prices edged up on Friday and posted a second consecutive weekly gain, propped up by a pullback in the dollar and U.S Treasury yields