Gold prices steadied on Thursday, after hitting a more than three-week high earlier, as an uptick in U.S. bond yields undermined the support from expectations of rate cuts by the Federal Reserve early next year.
Spot gold lost 0.2% to $2,072.79 per ounce by 9:35 a.m. ET (1435 GMT), after earlier rising as high as $2,088.29, the most since Dec. 4, when bullion hit its all-time peak.
U.S. gold…
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News Source: arynews.tv
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