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Increasing treasury yields challenge Precious metals for metals



Gold prices closed slightly higher after a wild trading session on Wednesday, prolonging an volatile spell for the market, while the yields on the US government bonds have the appetite of investors for the precious metal.

Gold futures for December, which hit a record high last week, ended the day at 0.1% at $ 1,949 a troy ounce in the flavor trade. The mimes moved in a wide range overnight and during the regular session in New York, between a low of $ 1,874.20 and a high of $ 1,961.


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