- March 4, 2021
- Posted in LOCAL
Gold prices slipped further on Wednesday as expectations of US Treasury yields moving higher on additional economic stimulus kept non-yielding bullion under pressure.
Spot gold declined 0.9% to $1,722.88 an ounce by 11:30 a.m., having fallen to a 9-month low of $1,702.40 earlier in the session. US gold futures were down 0.7% to $1,721.70 an ounce in New York.