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Gold Closes Lower as Treasury Yields Rise

M. Ali 15 January, 2021 2:19 am Commodities, Market Update

Gold prices declined on Thursday as the Treasury yields in the United States continued to rise and with the U.S. Dollar (USD) showing some rebound signs.

The yellow metal futures for February delivery closed lower by $3.50, or 0.2%, at $1,851.40 per ounce.

Meanwhile, silver futures for March delivery gained 23 cents, or 0.9%, to finish at $25.802 per ounce.

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