Gold prices steady as easing Treasury yields lift appeal

Gold held its ground on Thursday, supported by lower U.S. Treasury yields, after mounting concerns over stubborn inflation worldwide helped prices rebound from their lowest level in two weeks in the previous session. Spot gold was steady at $1,847.49 per ounce, as of 0036 GMT. U.S. gold futures were up 0.2% to $1,851.40.

Gold prices steady as easing Treasury yields lift appeal
Gold held its ground on Thursday, supported by lower U.S. Treasury yields, after mounting concerns over stubborn inflation worldwide helped prices rebound from their lowest level in two weeks in the previous session. Spot gold was steady at $1,847.49 per ounce, as of 0036 GMT. U.S. gold futures were up 0.2% to $1,851.40.