Gold prices finish higher as U.S. Treasury yields decline

Gold prices finished higher on Thursday, finding support from a decline in U.S. Treasury yields. The precious metal “continues to remain stuck” around the $1,800 level and that will probably remain the case until after next week’s Federal Reserve meeting on monetary policy, said Edward Moya, senior market analyst at Oanda. August gold rose $2, or 0.1%, to settle at $1,805.40 an ounce. Prices on Wednesday had marked the lowest most-active contract finish since July 8.

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