Gold prices gain on lower U.S. bond yields, virus worries
07/18/2021 | 09:24pm EDT
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July 19 (Reuters) - Gold prices edged higher on Monday as a
fall in U.S. Treasury yields and concerns over a global economic
recovery slowdown due to the spread of the Delta variant of the
coronavirus lifted demand for the safe-haven metal.
FUNDAMENTALS U.S. gold futures edged up 0.1% at $1,816.40. Benchmark 10-year Treasury yields dropped to a
near two-week low at 1.2640%, reducing the opportunity cost of
holding non-interest bearing gold. Asian shares slipped again as investor risk appetite was
soured by fears of rising inflation and a relentless surge in
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