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Gold and silver fall sharply as bond yields rise
The move was tied to higher bond yields reducing demand for non-yielding metals, according to CNBC World.
Gold and silver prices fell sharply on Monday as higher bond yields weighed on the precious metals market, according to CNBC World.
The outlet said rising yields tempered investor appetite for non-yielding assets like gold and silver.
Latest closeGold $4,320.50 ▲0.5%|Silver $64.71 ▲2.0%
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