Gold prices flat as firmer US yields hurt appeal - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Monday, 17 January 2022

Gold prices flat as firmer US yields hurt appeal

Gold prices were flat on Tuesday as a weaker dollar partially offset pressure from elevated U.S. Treasury yields, which dim the appeal of a non-yielding bullion. Spot gold held its ground at $1,818.87 per ounce, as of 0022 GMT. U.S. gold futures edged up 0.1% to $1,818.50.

from Commodities-Markets-Economic Times
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