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Metals Stocks: Gold edges back after two day advance – Vested Daily

Metals Stocks: Gold edges back after two day advance

Gold futures on Thursday looked at risk of ending a two-day trend higher, as investors took a step back from buying that has been supported by concerns over a rise in inflation.

However, a persistent rise in Treasury yields, with the 10-year Treasury noteBX:TMUBMUSD10Y around its highest rate since May and a slight bounce in the U.S. dollar Thursday, are producing a drag on bullion prices.

December…

This post was originally published on Market Watch

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