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Gold $2,322.42 $0.92 0.04% Silver $29.56 $0.03 0.1% Platinum $996.17 $2.7 0.27% Palladium $963.38 $17.75 1.88%

Gold pressured by higher bond yields; palladium hits 5-year low

Gold pressured by higher bond yields; palladium hits 5-year low

Oct 4 (Reuters) -Gold held near a seven-month low on Wednesday, while palladium slipped to its weakest level since late 2018, as a sell-off in the U.S. bond markets lifted yields after economic data raised worries that interest rates will likely remain high.

Spot gold was steady at $1,822.20 per ounce by 0948 GMT, while U.S. gold futures dropped 0.2% to $1,838.40...[LINK]

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