Gold jumps 3 percent on weaker dollar and bond yields
Gold prices surged roughly 3 percent to their highest levels in over two months on Wednesday. The rally was driven by a falling U.S. dollar and declining bond yields as markets awaited upcoming Federal Reserve meeting minutes.
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Gold jumped 2.7% to $4,448.97 per ounce on Wednesday morning, hitting its highest price in over two and a half months. The surge was driven by a falling dollar and dropping bond yields ahead of key central bank minutes.
