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Gold price stays flat as Yellen's comments drove up US yields

MINING.COM Staff Writer | June 07, 2021 | 9:00 am Intelligence Markets USA Gold 

Gold steadied in a narrow range on Monday despite comments by US Treasury Secretary Janet Yellen on inflation and expectations for fiscal spending pushed treasury yields higher. Spot gold gained only 0.1%, up to $1,892.74 per ounce by 11:45 a.m....

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