Gold edges down on firm dollar, US bond yields


The dollar held firm on Thursday after the 10-year United States bond yield rose back to the psychologically important 3 percent mark and investors looked to USA consumer price data due later to show accelerating inflation.

As for other precious metals, silver for July delivery fell 2.3 cents, or 0.14 percent, to settle at 16.472 dollars per ounce. 10-year US Treasuries are now yielding 2.994%.

"With oil prices north of $70, it's hard for me to believe this is going to be a persistent trend of inflation misses", he said.

The dollar index was 0.1-percent higher at 93.150 after hitting a 4-1/2-month peak at 93.416 on Wednesday.

Rafael Nadal's record run is ended by Dominic Thiem
Next up for Thiem is Kevin Anderson, who is a hard-to-believe 6-0 in the head-to-head series and 13-2 in total sets. It was very important I went into the match with a positive attitude-with an attitude to win.

Apple, Chinese internet giant Tencent, Exxon Mobil and Microsoft led the index's advance, while the same stocks lifted Wall Street, with the exception of Tencent.

The pan-European FTSEurofirst 300 index of leading regional shares closed down 0.13 percent, but markets in London, Germany and France closed higher.

On Wall Street, the Dow Jones Industrial Average rose 154.43 points, or 0.63 percent, to 24,696.97. The S&P 500 gained 25.28 points, or 0.94 percent, to 2,723.07 and the Nasdaq Composite added 65.07 points, or 0.89 percent, to 7,404.98.

Spot gold was steady at $1,321.93/oz at 1am GMT, after rising to the highest since end-April at $1,322.76 in the previous session.

Juventus on brink of fourth straight double after Cup final
The Coppa Italia switched to a single final format in the 1971-72 season and Juve played Milan at the Stadio Olimpico in 1973. An own goal by substitute Nikola Kalinic completed a calamitous defensive display by Milan .

Many Bank of Japan policymakers have set their sights on exiting from ultra-easy monetary policy and will favour raising interest rates if the economy continues to recover, former central bank board member Takahide Kiuchi told Reuters on Tuesday. The Japanese yen jpy+ firmed 0.31 percent versus the greenback at 109.43 per dollar.

In other news, North American gold-backed exchange-traded funds registered inflows in April at their highest level since September 2017, with safe-haven purchases ushered in by a trade stand-off between the United States and China, Syria tensions and worries about possible US sanctions on Russian Federation.

Gold was helped by the drop in the U.S. Dollar which made it a more attractive assets. As gold trades inversely to real interest rates, this is a negative environment for the precious metal and explains why gold remains weak.

Monster Hunter Generations Ultimate - Announcement Trailer
Those who played the original game can easily transfer their data over to UItimate via a system link between the 3DS and Switch. It won't have the visuals and appeal of Monster Hunter World but it is still a solid hunting game that is worth your time.