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Gold futures on Monday were trading slightly higher, attempting to add to the yellow metal’s highest close since early September.
A retreat in yields last week, which dragged down the yield for the benchmark 10-year Treasury note BX:TMUBMUSD10Y, used to price everything from mortgages to car loans, registered its steepest weekly fall since June 12, 2020, helping to pave the way for higher moves for bullion and other nonyielding precious metals.
Gold…
