Gold Fundamentals
Gold prices fell to their lowest in nearly three months on Friday and headed for their worst week since end-November, as recent strength in U.S. Treasury yields dented the non-yielding metal’s appeal.
Spot gold fell 0.4% to $1,769.26 per ounce by 0100 GMT, having touched its lowest since Nov. 30 at $1,765.35 earlier in the session. Prices have declined 3% so far this week.
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