Gold rises as U.S. Treasury yields fall

CHICAGO, Feb. 29 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Thursday as the U.S. Treasury's bond yields weakened.

The most active gold contract for April delivery rose 12.00 U.S. dollars, or 0.59 percent, to close at 2,054.70 dollars per ounce.