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Gold $1,999.98 $(2.99) -0.15% Silver $23.00 $(0.02) -0.09% Platinum $922.96 $3.63 0.39% Palladium $943.28 $(1.75) -0.19%

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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