Gold prices rose above $1,900 an ounce, supported by a slight decline in the dollar and bond yields, as investors awaited the Jackson Hole Central Bank Symposium later this week.
Gold in the spot market rose 0.5 percent to $1,902.5 an ounce, and U.S. gold futures rose 0.5 percent to $1,932.3 an ounce.
The dollar fell 0.2 percent against rival currencies, making gold less expensive for holders of other currencies, and 10-year U.S. Treasury yields fell after hitting their highest since November 2007.
Source (Al-Rai Kuwaiti Newspaper, Edited)
