Gold holds tight range as higher yields counter Omicron fears - Business News, Finance News, Share Market News - Market trendz

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Wednesday 22 December 2021

Gold holds tight range as higher yields counter Omicron fears

Gold traded within a tight range on Wednesday as higher U.S. Treasury yields and improved risk appetite countered concerns about the rapidly spreading Omicron coronavirus variant. Spot gold was little changed at $1,789.12 per ounce by 0126 GMT. U.S. gold futures also remained unchanged, at $1,789.50.

from Commodities-Markets-Economic Times
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