Gold eases amid US stimulus hopes
Spot gold falls as US Treasury yields help keep dollar steady
22 January 2021 - 08:34
Bengaluru — Gold inched lower on Friday as US Treasury yields ticked up, though bets of a large US stimulus kept the metal on course for its best week in five.
Spot gold fell 0.3% to $1,863.56/oz at 2.33am GMT, retreating from its highest since January 8 hit on Thursday. For the week, it was up 2% in what would be its biggest weekly gain since the week ended December 18. US gold futures eased 0.1% to $1,863.90/oz...
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