Skip to contentSpot gold was down 0.1% to $1,683.56 per ounce by 0129 GMT. U.S. gold futures were flat at $1,685.10 per ounce.
The U.S. 10-year Treasury yield rose as far as 1.776% on Tuesday, its highest since Jan. 22.
Higher returns on bonds increase the opportunity cost of holding non-yielding bullion.