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Gold inches higher on softer dollar, yields

Gold inches higher on softer dollar, yields

18 Nov 2021

Gold prices edged up on Thursday, as the dollar eased and U.S. bond yields retreated from a three-week high, lifting bullion’s appeal. Spot gold rose 0.1% to $1,869.45 per ounce by 0046 GMT, after hitting a fresh over five-month peak on Wednesday. U.S. gold futures gained 0.1% to $1,871.50.