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Gold futures end lower on rising bond yields

15 Apr 2021 Evaluate
Gold futures ended lower on Wednesday, with the surging US Treasury yield dulling the investment appeal of the non-yielding bullion. However, the recent rise in US inflation has kept a lid on yellow metal investments.

Gold futures for June dipped by 0.6% to settle at $ $1,736.30 an ounce on the Comex division of the New York Mercantile. Spot gold down by 0.5% to $1,736.02 per ounce.