Gold eases on firmer US dollar, yields ahead of central bank meetings - Finance & Business News, Stock Market updates & Reviews | Themarkettrendz

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Tuesday, 26 October 2021

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
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