Gold traded near the lowest in almost seven weeks as bond yields rose Tuesday and the dollar strengthened, with concerns about inflation rippling through markets.
The benchmark 10-year U.S. yield steadied after touching the highest since June on Tuesday, damping the appeal of non-interest bearing bullion, while a gauge of the greenback was near the highest since November.
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September 29, 2021 at 09:31AM
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Gold Near 7-Week Low as Yields Climb, Inflation Worries Persist - Bloomberg
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