Bengaluru : Gold prices steadied in Asian trade on Tuesday, a day after falling to the lowest level in more than two weeks, as a climb in the dollar and 10-year U.S. Treasury yields dampened the appeal of bullion, which pays no interest.
After falling for three sessions, spot gold edged up 0.1 percent to $1,325.16 per ounce at 0041 GMT, not far from a low of $1,321.81 an ounce touched on Monday, its weakest level since April 6. U.S. gold futures gained 0.2 percent to $1,327.10 per ounce.
The dollar index , which measures the greenback against a basket of currencies, was steady near the more than three-month high of 90.985 hit in the previous session.
U.S. bond prices fell on Monday, with the 10-year yield hitting its highest in over four years. Palladium plunged 5 percent on Monday after the United States gave American customers of Russia´s biggest aluminum producer Rusal more time to comply with sanctions.
