Gold prices rose on Wednesday, buoyed by a slightly weaker dollar which offset surging U.S. bond yields and lingering fears over sooner-than-expected interest rates hikes.
Spot gold XAU= rose 0.3% to $1,773.65 per ounce by 0341 GMT. The metal rose as much as 1.2% on Tuesday before giving up most of those gains as Treasury yields rallied. U.S. gold futures GCv1 gained 0.2% to $1,773.70.
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