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Spot gold slipped 0.3% to $4,127.87 per ounce as a firmer US dollar and elevated Treasury yields weighed on prices, although losses were limited by easing expectations of a Federal Reserve interest rate hike this month.
Here are some factors that may affect Middle East stock markets on Tuesday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL GLOBAL MARKETS-Asian shares track Wall Street higher, Treasury yields near multi-decade highs MKTS/GLOB Oil gains as traders weigh Gulf ten
Gold eased on Tuesday, pressured by a firmer US dollar and rising Treasury yields. Losses were limited by easing expectations of a Federal Reserve interest rate hike this month. Spot gold TVC:GOLD slipped 0.3% to $4,128.83 per ounce by 0400 GMT.
S&P 500 off about 0.4% early Monday as U.S. crude rises and the 10-year Treasury yield briefly reaches 5.2382%, its highest since June 2007.