Gold steady as inflation woes offset firmer dollar, yields

November 16, 2021 11:12 AM

BENGALURU (REUTERS) – Gold prices steadied on Tuesday (Nov 16), after rallying to a 5-month peak in the previous session, as concerns over broadening inflationary risks kept bullion’s safe-haven appeal intact in the face of a stronger US dollar and elevated bond yields.

Source : http://www.straitstimes.com/business/companies-markets/gold-steady-as-inflation-woes-offset-firmer-dollar-yields