Gold flat as Treasury yields counter soft dollar ahead of key US data

Reuters
2025.12.05 05:55
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Gold prices remained stable as higher U.S. Treasury yields countered a weaker dollar. Investors await key inflation data for insights into the Federal Reserve's policy. Spot gold held at $4,215.92 per ounce, with U.S. gold futures slightly up. Treasury yields are near a two-week high, while jobless claims hit a three-year low. Economists expect the Fed to cut interest rates by 25 basis points in December. Silver and palladium saw gains, while platinum edged lower.