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Gold prices steadied today and were set for a second weekly gain, as safe-haven demand and retreating US bond yields lifted the metal's appeal.
Markets remained under pressure for the third successive session and lost nearly a percent.
Gold prices held near two-month highs as a retreat in the U.S. Treasury yields and the dollar sparked investor interest, with concerns surrounding inflation and geopolitics lending support.
Markets traded under pressure and lost nearly a percent, in continuation to the previous session’s fall.
Gold prices steadied today, as US Treasury yields climbed to two-year highs as expectations for a quicker-than-expected interest rate hike mount.
Markets shed nearly a percent in a volatile trading session, in continuation to the prevailing consolidation phase.
Gold prices eased today, pressured by higher US Treasury yields, as investors looked for clues about the Federal Reserve's interest rate hike timeline from its policy meeting next week.
Gold prices edged up today after two sessions of losses as the dollar weakened, but rising expectations of monetary policy tightening in the United States lifted Treasury yields and kept bullion's gains in check.
Markets traded volatile and settled almost unchanged, in continuation to the previous session’s move.
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