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Gold eases off five-month peak as 10-yr US Treasury yield hits 5%

Gold eases off five-month peak as 10-yr US Treasury yield hits 5%

Oct 23 (Reuters) - Gold prices inched lower on Monday after hitting a five-month peak in the previous session as the benchmark U.S. 10-year Treasury yield topped 5% while investors kept a close watch on growing unrest in the Middle East.

Spot gold was down 0.2% at $1,978.07 per ounce by 1126 GMT, and U.S. gold futures eased 0.2% to $1,989.80...[LINK]

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