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Gold $2,581.38 $(1.33) -0.05% Silver $30.84 $0.07 0.23% Platinum $992.25 $5.74 0.58% Palladium $1,095.71 $16.11 1.49%

Gold pressured by higher bond yields; palladium hits 5-year low

Gold pressured by higher bond yields; palladium hits 5-year low

Oct 4 (Reuters) -Gold held near a seven-month low on Wednesday, while palladium slipped to its weakest level since late 2018, as a sell-off in the U.S. bond markets lifted yields after economic data raised worries that interest rates will likely remain high.

Spot gold was steady at $1,822.20 per ounce by 0948 GMT, while U.S. gold futures dropped 0.2% to $1,838.40...[LINK]

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