Gold inches higher as US Treasury yields ease

Gold inches higher as US Treasury yields ease

Gold prices rose slightly on Wednesday as U.S. Treasury yields eased from their recent highs, reducing the metal’s opportunity cost, while investors looked ahead to key inflation data that could settle the course of interest rates. Spot gold rose 0.1% to $1,785.48 per ounce by 0029 GMT. U.S. gold futures were up 0.1% at $1,786.10.

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