Gold prices continue to stay under pressure in Asia on Wednesday, tracking recovery in US treasury yields and in turn dollar. US 10-year benchmark yields are hovering above 2.8% mark and dollar index that measures the greenback against basket of currencies is holding above 106 levels, weighing down the yellow metal. The precious metal now awaits release of the minutes of the Federal Open Market Committee for further cues regarding interest rates and direction of dollar. COMEX Gold is seen marginally lower at $1789.40 an ounce. Powered by Commodity Insights
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