Spot gold may retreat into $1,864-$1,877/oz range - Technicals U.S. 10-year yields hover near 1-week low (Adds details, chart, and updates prices)
June 7 (Reuters) - Gold prices dipped on Monday, as an uptick in the dollar dimmed the appeal of the safe-haven metal, although a pullback in U.S. Treasury yields and prospects of a prolonged accommodative interest rate environment limited losses.
Spot gold was down 0.4% at $1,883.10 per ounce, as of 0637 GMT, after rising more than 1% in the previous session, as last month’s U.S. non-farm payrolls fell short of expectations.
U.S. gold futures eased 0.3% to $1,886.