US gold settles lower with oil, US bond prices

Newswire

NEW YORK, June 20 (Reuters) - U.S. gold futures held onto losses triggered by falling oil prices and unloading of weak long positions into Wednesday's close, traders said. Rising U.S. interest rates helped fuel gold selling as some participants worry that tighter liquidity could cause investors to unload precious metals holdings. "Gold was a little under pressure. I think the rising interest rates continued to be a bit of a concern generally that is leaking into precious metals along ...

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