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Gold prices steady as dollar holds up on higher U.S. bond yields

Reuters 

(Reuters) - Gold prices were little changed early on Tuesday, with the dollar supported by higher U.S. Treasury yields and Asian stocks down amid uncertainty over tax reforms in the United States. FUNDAMENTALS Spot gold was nearly unchanged at $1,277.39 per ounce at 0001 GMT. U.S. gold futures for December delivery slipped 0.1 percent to $1,277.60.The dollar got support from higher U.S. Treasury yields in early Asian trading on Tuesday, with the dollar index , which tracks the U.S. currency against a basket of six major rivals, steady at 94.494. [USD/] U.S. Treasury two-year note ...

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First Published: Tue, November 14 2017. 06:59 IST
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