Gold Holds Above $4,100 as U.S. Treasury Yields, Dollar Rise on Fed Minutes Ahead

According to Kitco, spot gold was trading near $4,169.39 an ounce, up 0.10%, while spot silver traded near $61.397, down 1.03%, in early Tuesday trading ahead of the North American market open. The 10-year Treasury yield rose to 4.499%, while the U.S. dollar index firmed to 100.91. Positioning remains supportive for gold after last week's June payrolls report showed 57,000 new jobs and unemployment holding at 4.2%, though traders are waiting for Wednesday's Federal Reserve minutes to determine the next direction for bullion amid competing signals from softer labor data and higher yields.
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