Gold Edges Up Amid Easing Treasury Yields

Gold prices rose on Tuesday as US Treasury yields eased, but gains were limited by expectations of higher interest rates. The price of spot gold increased by 0.3% to $4,357.31 per ounce, while US gold futures for December delivery also gained 0.3% to $4,395.00.

The easing of Treasury yields is seen as a positive sign for gold, as it reduces the attractiveness of other investments such as bonds and stocks. However, investors remain cautious due to the ongoing expectation of higher interest rates, which can make gold less appealing.