Gold futures settle higher as U.S. Treasury yields fall a day after the Fed’s policy decision

Gold futures settle higher as U.S. Treasury yields fall a day after the Fed’s policy decision


Gold futures ended sharply higher on Thursday, supported by a fall in U.S. Treasury yields in the wake of Wednesday’s decision by the Federal Reserve to taper bond purchases by $15 billion a month. December gold
GCZ21,
+0.13%

rose $29.60, or 1.7%, to settle at $1,793.50 an ounce after posting a loss of 1.4% on Wednesday.



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