Gold Futures Fall On Weak Global Cues

Gold prices on Thursday stayed close to five-week lows hit in the previous session, pressured by a stronger dollar, which hovered near more than three-month highs, and a rise in U.S. Treasury yields.

Spot gold was little changed at $1,323.34 per ounce at 0101 GMT. The yellow metal on Wednesday hit a low of $1,318.51 an ounce, its lowest since March 21.

U.S. gold futures gained 0.1 percent at $1,324.60 an ounce.

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Suhani Verma

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