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Gold, silver rise as NFP risk keeps dollar, yields bid

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Gold, silver rise as NFP risk keeps dollar, yields bid

Spot gold and silver rose after the North American cash-market close Wednesday as precious metals opened Q3 with a rebound. Gains were tempered by a firmer U.S. dollar and higher Treasury yields, keeping investors positioned defensively ahead of Thursday’s June employment report.

Analysis

Spot gold and silver rose after the North American cash-market close Wednesday as precious metals opened Q3 with a rebound. Gains were tempered by a firmer U.S. dollar and higher Treasury yields, keeping investors positioned defensively ahead of Thursday’s June employment report.

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