Bullion holds firm on swaggering monetary policies

30.06.2022

Gold prices treaded water on Wednesday, with lower U.S. Treasury yields lending support, as bullion's struggle to break out of its range-bound trade continued.

Spot gold was up 0.1% at $1,821.57 per ounce by 0254 GMT. U.S. gold futures firmed 0.1% at $1,823.10.

Helping the appeal of non-yielding bullion, benchmark U.S. 10-year...