Gold prices rose slightly on Wednesday as U.S. Treasury yields eased from their recent highs, reducing the metal’s opportunity cost, while investors looked ahead to key inflation data that could settle the course of interest rates.
Spot gold rose 0.1% to $1,785.48 per ounce by 0029 GMT. U.S. gold futures were up 0.1% at $1,786.10.
Benchmark 10-year and 30-year U.S. Treasury yields pulled back from their one-week highs hit on Tuesday.
Panthera Resources Plc (LON:PAT) was incorporated in the UK and Wales in 2017. The company is focused on its gold exploration and development projects in India and West Africa and the optimisation of other mineral projects.