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Gold Prices Retreat as Yields Rise, US Inflation and Powell Speech in Focus dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
Gold prices retreated Monday after Janet Yellen showed her support for Biden’s spending plans and welcomed a “slightly higher” interest rate environment. Real yield edged higher, weighing on bullion.