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Gold firms as bond yields slip after Fitch's US downgrade

Gold firms as bond yields slip after Fitch's US downgrade

August 2 (Reuters) - Gold prices gained on Wednesday, helped by some safe-haven bids after Fitch downgraded the United States’ top credit rating, but an uptick in the dollar capped bullion’s gains.

Spot gold was up 0.5% to $1,952.79 per ounce at 1133 GMT, while U.S. gold futures rose 0.6% to $1,989.90...[LINK]

 
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