Gold prices bounce back as dollar steadies and Treasury yields fall
Gold futures settled higher Monday to recoup the losses they suffered in the previous session, getting a lift from a more steady U.S. dollar and a drop in Treasury yields. Investors are looking ahead to Federal Reserve Chairman Jerome Powell's congressional testimony on Tuesday and Wednesday. April gold rose $2.50, or 0.2%, to settle at $1,332.80 an ounce, after losing 0.2% on Friday.
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