Gold prices under pressure as dollar and bond yields rise

Gold & Silver
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Gold futures were headed for a second session of losses in a row on Wednesday as the U.S. dollar strengthened, but some slippage in U.S. bond yields following a better-than-expected climb in private-sector jobs helped to limit price losses for the precious metal. In the few minutes after U.S. private-sector employment data from the ADP National Economic Report showed a better-than-expected rise of 568,000 in September, gold prices fell further, then pared some of those declines.

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