Gold Edges Higher on Declining US Treasury Yields

Gold prices ticked up on Tuesday as US Treasury yields declined, but expectations of higher interest rates capped gains.

The spot price of gold rose by 0.3% to $4,357.31 per ounce, while December delivery US gold futures gained the same amount to $4,395.

Other precious metals also saw increases: silver jumped 0.7% to $66.48 per ounce, platinum climbed 0.8% to $1,811.28, and palladium advanced 0.7% to $1,309.78.