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Gold $3,285.69 $(15.76) -0.48% Silver $36.48 $(0.26) -0.7% Platinum $1,349.36 $(22.56) -1.64% Palladium $1,079.35 $(28.18) -2.54%

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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