Manama: Gold prices were little changed on Tuesday, caught by rising Treasury yields. Spot gold eased 0.1% to $3,330.71 per ounce as of 0434 GMT. U.S. gold futures remained steady at $3,340.70. Spot silver added 0.1% to $36.77 per ounce.
According to Bahrain News Agency, the stability in gold prices comes as investors weigh the impact of rising Treasury yields. The movement in gold prices was minimal despite the economic indicators pointing towards potential shifts in market dynamics. The steady position of U.S. gold futures reflects a cautious approach by investors amid fluctuating yields.