NEW YORK/LONDON: Gold rose up to 1% on Tuesday as the dollar and European shares suffered from a sell-off in global bond markets, although higher real yields kept prices under US1,200 an ounce.
Spot gold touched a session high of US1,196.60 an ounce and was up 0.8 percent at $1,193.35 by 3:00 p.m. EDT (1900 GMT), while U.S. gold futures for June delivery settled up US9.40 at US1,192.40 an ounce.
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