Gold edges down on firmer dollar, rising bond yields - Finance & Business News, Stock Market updates & Reviews | Themarkettrendz

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Tuesday, 5 October 2021

Gold edges down on firmer dollar, rising bond yields

Gold prices inched lower on Wednesday as a firmer dollar and rise in U.S. Treasury yields weighed on the precious metal's appeal, with investors focused on U.S. non-farm payrolls data due later this week. Spot gold fell 0.1% to $1,758.06 per ounce by 0108 GMT, while U.S. gold futures were 0.1% lower at $1,758.40.

from Commodities-Markets-Economic Times
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