Gold Prices Rose As U.S. Bond Yields Declined On Waning Risk Appetite

Gold trading range for the day is 27221-27759. Gold costs ascended as U.S. security yields declined on winding down hazard hunger, lessening the U.S. dollar's allure. Bullion ricocheted back in the wake of hitting a 10-month low on Dec. 15 as strong U.S. financial information gave the Fed the certainty to raise loan fees. The U.S. national bank has flagged that it expected three more increments one year from now, up from a past projection of two.

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