Bullion, other precious metals score as US Treasury bonds, greenback decline

20.10.2021

Gold snapped a two-session slide to advance 1% on Tuesday as a weaker dollar and lower U.S. Treasury yields supported prices and lifted bullion's appeal.

Spot gold was up 0.9% at $1,780.90 per ounce by 0854 GMT, after hitting a session high of $1,782.74. U.S. gold futures gained nearly 1% to $1,782.90.

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