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Gold trends toward global gains
Gold prices have increased, marking gains for the third consecutive week, supported by a decline in the dollar and changes in bond yields. December futures for gold rose by 0.75% to $1,460.50 per ounce, while spot contracts also increased by 0.75% to $1,455.44 per ounce, achieving a total rise of 3.6% since the beginning of the week. The manager of "Gold Silver Central" stated that the decline in the dollar has helped support the gold price, which has become more attractive to investors as the value of the U.S. currency deteriorates. It is expected that the dollar will continue to decline throughout the week.
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