Gold Dipped As U.S. Treasury Yields Rose On An Uptick In Housing Starts

Gold trading range for the day is 28304-28544.

Gold dipped as U.S. Treasury yields rose on an uptick in housing starts for November and even though the dollar fell.

U.S. single-family homebuilding and permits surged to more than 10-year highs in November.

SPDR gold trust holdings dropped by 0.14% i.e. 1.18 tonnes to 836.02 tonnes from 837.20 tonnes.

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