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Gold edges up as weaker US yields counter stronger dollar

Gold edges up as weaker US yields counter stronger dollar

27 Dec 2021

Gold prices inched higher on Monday, staying above the key $1,800 per-ounce level, as slightly weaker U.S. Treasury yields offset an uptick in the dollar. Spot gold rose 0.2% to $1,811.31 per ounce by 0145 GMT. U.S. gold futures were little changed at $1,812.00.