Gold rose on Thursday, Oct. 5, heading to end an eight-session losing streak, the longest since 2016, as U.S. Treasury yields and the dollar fell from their last highs.
Spot gold rose 0.3 percent to $1,826.49 an ounce, trying to recover from its weakest level since March. U.S. gold futures rose 0.3 percent to $1,840.90.
Although there is an attempt to stabilize gold prices during today's session, there is not much conviction in the change in price direction so far.
Source (CNBC Arabia Website, Edited)
