Gold Eases Amid Stronger Dollar and Higher Yields
Spot gold prices declined by 0.3% to $4,128.69 per ounce due to a stronger US dollar and rising Treasury yields. Expectations of a Federal Reserve interest rate hike this month were tempered, limiting the extent of the losses.
Gold eased on Tuesday as a firmer US dollar and rising Treasury yields weighed on the metal, although losses were limited by easing expectations of a Federal Reserve interest-rate hike this month. 69 per ounce by 0155 GMT. US gold futures TVC:GOLD…