Gold steady near 6-week high as Omicron woes counter higher yields


Gold prices held steady near a six-week high on Monday in thin trade, as safe-haven buying fuelled by an Omicron-driven surge in coronavirus infections countered pressure from higher U.S. Treasury yields.

Spot gold was steady at $1,824.74 per ounce, as of 0615 GMT, after hitting its highest since Nov. 22 at $1,831.62 earlier in the session. U.S. gold futures edged down 0.1% to $1,826.40.

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Gold , bullion , safe haven , US dollar

   

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