scorecardresearchGold hovers near 2-week peak as dollar, U.S. bond yields weaken

Gold hovers near 2-week peak as dollar, U.S. bond yields weaken

Updated: 25 May 2022, 08:06 AM IST
TL;DR.
European Central Bank President Christine Lagarde said on Tuesday she saw the ECB's deposit rate at zero or slightly above by the end of September, implying an increase of at least 50 basis points from its current level.
NEW YORK, NEW YORK - MARCH 07: Gold jewelry is displayed in a window of a store in Manhattan's jewelry district on March 07, 2022 in New York City. As the war in Ukraine pushes investors to look for less volatile markets for their money, gold prices have surpassed $2,000 an ounce.   Spencer Platt/Getty Images/AFP
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NEW YORK, NEW YORK - MARCH 07: Gold jewelry is displayed in a window of a store in Manhattan's jewelry district on March 07, 2022 in New York City. As the war in Ukraine pushes investors to look for less volatile markets for their money, gold prices have surpassed $2,000 an ounce. Spencer Platt/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==