Bullion veers up as gringo dollar retreats

02.11.2022

Gold prices jumped more than 1% on Tuesday, as the dollar and U.S. Treasury yields slipped on expectations the Federal Reserve will temper its rate-hike stance from next month.

Spot gold was up 1.4% at $1,655.98 per ounce by 1225 GMT, its best day since Oct. 21. U.S. gold futures advanced...