Gold slips as yields rise and dollar firms, ANZ says
ANZ Research analysts said higher bond yields and a stronger dollar are likely weighing on gold demand. The note links a higher interest-rate environment to weaker appeal for non-yielding gold.
Gold eased in early Asian trade. ANZ Research analysts said higher bond yields and a stronger dollar are likely weighing on demand for the precious metal, adding that a higher interest-rate environment typically reduces the appeal of the non-interest-bearing yellow metal. Still, any loss…