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Gold futures trade almost unchanged in early deals on Monday

11 Jan 2021 Evaluate
Gold futures traded almost unchanged in early deals on Monday, with the stronger dollar and higher bond yields pressured non-yielding bullion, while the safe haven appeal of the bullion amid still surging covid cases limited selling.

Gold futures for February delivery were flat at $1,835.60 an ounce on the Comex division of the New York Mercantile. Spot gold was fell as much as 1.7% to $1,816.53 per ounce.