Gold eases on firmer US dollar, yields ahead of central bank meetings

Gold prices eased on Wednesday, retreating from the key $1,800 mark, as a stronger U.S. dollar and elevated bond yields dented bullion's safe-haven appeal ahead of key central bank meetings. Spot gold was down 0.2% at $1,788.66 per ounce, as of 0157 GMT. U.S. gold futures dropped 0.2% to $1,790.60.

from Commodities-Markets-Economic Times
Read The Rest:economictimes...