Gold down on high U.S. bond yields


By Xu JingUnreguser
  • World
  • Saturday, 09 Jan 2021

CHICAGO, Jan. 8 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Friday as high U.S. Treasury bond yields drew investors away from gold.

The most active gold contract for February delivery fell 78.2 U.S. dollars, or 4.09 percent, to close at 1,835.4 U.S. dollars per ounce.

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