Gold prices slipped on Wednesday as higher Treasury yields lifted the dollar, while markets awaited testimony from Federal Reserve Chair Jerome Powellfor clarity on an expected US rate cut. US gold futures slipped 0.44 percent to $1,394.30 an ounce. The dollar index edged toward a three-week high against a basket of major currencies, as easing bets of deep US interest rate cuts pushed Treasury yields higher. Source: Reuters. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961Gold prices slipped on Wednesday as higher Treasury yields lifted the dollar, while markets awaited testimony from Federal Reserve Chair Jerome Powellfor clarity on an expected US rate cut. US gold futures slipped 0.44 percent to $1,394.30 an ounce. The dollar index edged toward a three-week high against a basket of major currencies, as easing bets of deep US interest rate cuts pushed Treasury yields higher. Source: Reuters. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961
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