Bullion up as US Treasuries retreat

23.11.2021

Gold prices edged higher on Monday as heated inflation kept returns on bonds low and reduced bullion's opportunity cost, though concerns over a faster pace of stimulus tapering by the U.S. Federal Reserve limited gains.

Spot gold was up 0.2% at $1,847.95 per ounce, as of 0441 GMT. U.S. gold futures...