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Gold Dec 23 (GCZ23.CMX)

COMEX - COMEX Delayed Price. Currency in USD
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1,851.80+4.20 (+0.23%)
As of 03:42AM EST. Market open.
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  • Reuters

    Gold falls as U.S. yields, dollar gains on Fed rate hike bets - Reuters News

    Gold prices slipped on Tuesday, weighed down a spike in U.S. Treasury yields and a stronger dollar as investors awaited for more clues about the Federal Reserve's interest rate hike timeline from its policy meeting next week. Spot gold XAU= fell 0.5% to $1,809.66 per ounce by 1009 GMT. "Despite the spike higher in US Treasury yields, spot gold seems to be holding its own above $1,800 for the time being," said Han Tan, chief market analyst at Exinity.

  • Reuters

    Asian shares drop as bond yields rise ahead of Fed

    Asia's share markets turned negative on Tuesday as two-year U.S. Treasury yields topped 1% for the first time in almost two years with investors weighing the risks of a Fed policy rate rise as soon as March. However, oil prices rose to their highest level in more than seven years over concerns about supply shocks after Yemen's Houthi group attacked the United Arab Emirates. MSCI's broadest index of Asia-Pacific shares outside Japan edged higher earlier in the session as much as 0.4%, before turning down 0.45% in the afternoon.