11:53 - 16.07.2025

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July 16, Fineko/abc.az. On Wednesday, gold rose moderately in price, which is supported by a slight weakening of the dollar and bond yields.

ABC.AZ reports that investors are digesting data reflecting the rise in consumer prices in the U.S. last month. The markets are also waiting for news about Trump's trade policy.

The spot price of gold increased by 0.5% to $3,341 per ounce by 10:35 a.m. (Baku time). Futures added 0.33%, reaching $3,347.

The dollar index has moved away from its monthly peak, giving an impetus to the recovery of gold after two days of decline. Yields on 10-year U.S. Treasury bonds have retreated from multi-week highs.