Bears return to bullion and peers markets

22.10.2022

Gold prices eased on Friday and were on track for a second straight weekly drop, as prospects of higher interest rates and rising bond yields challenged bullion's safe-haven appeal.

Spot gold fell 0.2% to $1,624.65 per ounce by 1050 GMT. Bullion prices have shed 1% so far this week.

U.S. gold futures...