Gold Gets Boost From Falling Dollar, Drop in Bond Yields

Gold costs climbed Friday, boosted by a falling greenback and drop in Treasury yields after information confirmed the U.S. financial system grew at a powerful tempo final quarter however the price of shopper and enterprise spending slowed.

Gold for June supply, the most-active futures contract, climbed zero.6% to $1,287.10 a troy ounce on the Comex division of the New York Mercantile Trade. Costs have fallen about four.5% from their February 10-month highs and are principally flat for the yr, damage by renewed religion within the U.S. financial system.

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