Gold prices were mixed on Thursday amid a softer U.S. dollar and rising bond yields.
Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were up $1.70, or 0.13%, to $1,303.20 a troy ounce by 11:55PM ET (03:55 GMT).
Gold prices have continued to oscillate around the $1,300 level as rising U.S. bond yields limited any gains from a plunge in the dollar. U.S. 10-year treasury yields rose 0.19% to 2.85% on Thursday.
Gold is sensitive to moves higher in U.S. rates, which lift the opportunity cost of holding gold as it pays no interest.
