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Gold Holds Biggest Drop in 18 Months on Dollar, Yields
Wednesday, 16 May 2018 08:57 WIB | PRECIOUS METALS |GOLDEMASBullion

Gold holds near lowest level this year as 10-year Treasury yields climb to highest since 2011 and dollar strengthens.

Bullion for immediate delivery +0.1% to $1,292.36/oz at 9:23am in Singapore. Bloomberg Dollar Spot Index little changed after +0.6% Tuesday to highest since Dec. 27

Yield on 10-year Treasuries steady at about 3.07% after +7 bps Tuesday to highest since 2011. Silver flat at $16.2680/oz after -1.6% on Tues.

Source : Bloomberg

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