Gold Prices Gain Following a Pull-Back in Yields, Dollar

Gold Prices Gain Following a Pull-Back in Yields, Dollar
Gold bars and coins are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, on Aug. 14, 2019. Michael Dalder/Reuters
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Gold firmed on Tuesday, tracking a slight retreat in U.S. Treasury yields and dollar, while investors anticipated an aggressive interest rate hike from the Federal Reserve when it concludes a two-day policy meeting.

Spot gold was up 0.4 percent at $1,870.56 per ounce by 17:51 GMT. Prices had touched $1,849.90 earlier in the session, its lowest since Feb. 16.