* Silver up after best day since 2008. * U.S. 10-year bond yields slip to near 2-week low. * Dollar down 0.8% against rivals. By Bharat Gautam. Gold prices rose about 1% to a three-week peak on Tuesday, as the dollar and U.S. Treasury yields retreated, with investors hoping the U.S. Federal Reserve could adopt a less aggressive approach to rate hikes.
Copper prices rose on Tuesday as a softer dollar triggered fund buying, though gains were capped by rising inventories and a worsening demand outlook, particularly in top consumer China. Benchmark copper on the London Metal Exchange was up 0.7% at $7,563 a tonne by 1010 GMT in subdued trade owing to Chinese holidays.
* Silver hits a peak since June 29. * U.S. 10-year bond yields slip to near 2-week low. * Dollar down 0.3% against rivals. By Brijesh Patel. Gold extended gains on Tuesday to firm above the key $1,700 per ounce level on a retreat in the dollar and U.S. Treasury yields as investors expected the Federal Reserve to tone down its pace of monetary tightening.
Gold prices edged lower on Tuesday, having touched a nearly three-week high earlier in the session, as a firmer dollar dimmed the appeal of greenback-priced bullion and countered support from lower U.S. Treasury yields. FUNDAMENTALS. * Spot gold was down 0.2% at $1,696.04 per ounce, as of 0135 GMT, having touched its highest since Sept. 14 at $1,702.39 earlier in the day.
* Gold eyes best day since early March. * Silver soars over 8% to highest since mid-August. * Platinum, palladium jump. By Bharat Gautam. Gold prices jumped more than 2% on Monday boosted by a dip in the U.S. dollar and bond yields, as recent lows enticed investors and also sparked a rally in silver in potentially its best day since late-2008.
* Focus on manufacturing PMIs, U.S. jobs data this week. * Silver hits more than one-week high. * Palladium up more than 1% By Brijesh Patel. Gold prices edged higher on Monday, helped by a pullback in the dollar and U.S. Treasury yields, although the gains were capped on fears of aggressive rate hikes by the U.S. Federal Reserve. Spot gold was up 0.2% at $1,663.70 per ounce, as of 1043 GMT.
* Manufacturing PMIs, U.S. jobs data on investors' radar. * Gold could see relief rally on lukewarm NFP data - analyst. By Eileen Soreng. Gold prices rose on Monday as a softer dollar rekindled some of bullion's appeal for overseas buyers, although the prospects of sharp interest rate hikes by the U.S. Federal Reserve and other major central banks capped further gains.
Gold prices edged higher on Monday on a softer dollar, although central banks worldwide retained their aggressive monetary policies to tackle soaring inflation, limiting gains for safe-haven bullion. FUNDAMENTALS. * Spot gold was up 0.3% at $1,665.29 per ounce, as of 0115 GMT.
* Gold down 7.7% for the quarter. * Silver, platinum set for second straight quarterly declines. * Palladium adds about 12% so far this quarter. * Dollar faces a weekly decline. By Kavya Guduru.
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