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Gold Rises At A Slower Pace As Bond Yields Spike

Gold futures extended gains on Tuesday albeit at a slower pace amidst the burden of surging bond yields and a firm dollar..

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Gold hovers near 5-month low as yields rise, Jackson Hole in focus

Spot gold edged up 0.3% to $1,893.82 per ounce by 02:13 p.m. ET (1813 GMT), but still held near a five-month low of $1,883.70 it touched on Friday.

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