Bullion veers up as US state bonds retreat

07.10.2022

Gold edged higher on Thursday, buoyed by a subdued dollar and Treasury yields, although prices were confined to a narrow range as investors awaited U.S. nonfarm payrolls data that could affect the Federal Reserve's rate hike strategy.

Spot gold was up 0.3% at $1,721.30 per ounce, as of 0653 GMT.

U.S. gold...