Gold prices were up early Tuesday despite a jump in US Treasury yields, as expectations for rising inflation triggered equity valuation concerns and drove investors towards the safe haven metal.
Spot gold rose 0.1% to $1,809.57 per ounce by 0057 GMT, having hit its highest since Feb. 16 at $1,812.31 on Monday. U.S. futures on the precious metal gained 0.1% to $1,809.30.
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