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Gold faces worst week in 12 as U S Treasury yields firm

since end-November, as recent strength in U.S. Treasury yields dented the non-yielding metal’s appeal. FUNDAMENTALS GMT, having touched its lowest since Nov. 30 at $1,765.35 earlier in the session. Prices have declined 3% so far this week. Benchmark U.S. Treasury yields edged higher, having hit a near one-year peak earlier in the week. Higher yields increase the opportunity cost of holding bullion, which pays no interest. The dollar was also set to mark a weekly gain, making gold expensive for holders of other currencies. U.S. jobless claims unexpectedly increased last week, raising the possibility of a second straight month of tepid job

GRAINS-SOYBEANS SET FOR FIRST WEEKLY LOSS IN SIX ON LATAM RAINS | Hellenic Shipping News Worldwide

GRAINS-SOYBEANS SET FOR FIRST WEEKLY LOSS IN SIX ON LATAM RAINS | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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