Gold Prices Slips Amid Rising U.S. Treasury Yields, Stronger Dollar :
Gold prices slipped on Friday in Asia amid rising U.S. treasury yields and a stronger dollar.
Gold futures for June delivery on the Comex division of the New York Mercantile Exchange was down $1.3, or 0.1%, to $1,288.0 a troy ounce by 12:10AM ET (04:10 GMT).
Meanwhile, the dollar hovered near five-month highs well above the 93 level, after climbing to this year’s fresh high at 93.46 overnight.
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