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Sept. 27, 2021, 1:43 p.m. EDT

Gold futures tally a second straight gain

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    Gold Dec 2021 (GCZ21)

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By Myra P. Saefong


Gold futures settled with a slight gain on Monday, as Treasury yields eased back from their highest levels of the session. "Bearish elements," such as the hawkish comments from the Federal Reserve last week and expectations for interest rate hikes, have been predominant, said Carlo Alberto De Casa, analyst at Kinesis Money. For now, investors do not seem to be too worried about the risk of a domino effect from China property giant Evergrande's debt woes, he said. December gold /zigman2/quotes/210039437/delayed GCZ21 -0.11% rose 30 cents, or 0.02%, to settle at $1,752 an ounce. Prices posted a climb of 0.1% on Friday.

US : U.S.: Nymex
$ 1,780.00
-2.00 -0.11%
Volume: 17.00
Dec. 5, 2021 11:49p

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