Gold prices rose on Tuesday, and hit a 2-week high after pausing yesterday, as the US dollar fell against a basket of its peers.

Gold prices rose 0.6% to the highest since March 25 at $1,738.99 an ounce, after opening at $1,728.54, and hit a low of $1,727.19.

Gold closed flat yesterday, after posting strong gains during the past two days.

The dollar index fell 0.1%, deepening its losses for the second straight day and hit a 2-week low at 92.53 points.

The US 10-year Treasury yield fell 1.3% today to 1.683%, after Dow Jones and S&P futures jumped near their all-time highs ahead of Wall Street opening.

US Treasury Secretary Janet Yellen said on Monday that she is working with G20 nations to agree to a global minimum corporate tax rate.

US President Joe Biden defended his proposal to increase corporate taxes to help finance his infrastructure spending plans, adding that this increase would not harm the economy or push companies out of the US market.

Federal Reserve Bank of Cleveland President Loretta Mester said that the Fed should adhere to its fiscal policy to help support growth.

Gold stocks at the SPDR ETF remained unchanged yesterday, with a total of 1,032.83 metric tonnes.

Euro rose in European trade against dollar for another session, marking two-week highs as US treasury yields decline in the US while US stocks hit fresh record highs. 

EUR/USD rose 0.1% to 1.1821, the highest since March 25, after rising 0.4% yesterday, the third profit in four days. 

The dollar index fell 0.1% on Tuesday, the second loss in a row, marking two-week lows at 92.53. 

Market sentiment remains strong in the US after treasury yields tumbled while US stocks scale fresh unprecedented highs. 

US 10-year treasury yields fell 1.3% to 1.683%, while Dow Jones and S&P 500 indices traded near record highs before official opening. 

In Europe, most stock indices gained ground after a return to trading following a short bank holiday. 

Silver futures fell on Monday, despite the US US Treasury bonds retreat and the US dollar's drop against its peers.

Silver was weighed down by the rebound in stock markets, despite the 10-year US Treasury bond yields' fall today to 1.715%.

US President Joe Biden announced a $2 trillion infrastructure spending plan, to develop electricity grids and other facilities to boost the US economic recovery from the Covid-19 pandemic.

Countries around the world are intensifying their efforts to combat the Covid-19 pandemic with largescale vaccination campaigns.

The US stock and bond markets were closed on Friday in observance of the Good Friday holiday, with some stock markets in several European and Asian countries continuing to close today due to the Easter holiday.

The dollar index slipped against a basket of currencies by 0.5% to 92.5 points as of 20:22 GMT, after it hit a high of 93.1 points and a low of 92.5 points.

Silver May futures rose 0.7%, and closed at $24.78 an ounce.

US stock indices closed higher on Monday, amid optimism about the US economic outlook, and after Dow Jones and S&P 500 hit new record closings.

US President Joe Biden announced a $2 trillion infrastructure spending plan, to develop electricity grids and other facilities to boost the US economic recovery from the Covid-19 pandemic.

The US government reported that nearly 100 million citizens have received at least one dose of Covid-19 vaccines.

The US stock and bond markets were closed on Friday in observance of the Good Friday holiday, with some stock markets in several European and Asian countries continuing to close today due to the Easter holiday.

The US Department of Labor revealed that the economy has added 916K new jobs, the largest monthly increase since August, beating forecasts of 652K jobs.

The unemployment rate fell to 6%, in line with forecasts, and better than the previous reading of 6.2%. 

The 10-year US Treasury bond yields fell today to 1.715%.

To the oil market, WTI crude April futures fell 4.6% or $2.8, and at $58.65 a barrel a barrel, after hitting a high of $61.5 and a low of $57.6.

Brent May futures fell 4.1% or $2.69, and closed at $62.15 a barrel, after hitting a high of $64.8 and a low of $61.2.

As for stocks, Dow Jones rose 1.1% or 374 points, and closed at 33,527, with a day high of 33,617, and a low of 33,222.

Nasdaq rose 1.6% or 225 points to 13,705, with a high of 13,720 and a low of 13,582.

S&P 500 rose 1.4% or 58 points to 4,077, after hitting a high of 4,083 and a low of 4,034.