Economic news

Gold steady as shares, bonds wobble

Gold futures rose on Tuesday as world stocks declined and U.S. borrowing costs climbed to their highest level since mid-2014.

February gold futures gained 0.2%, to $1,342.90 an ounce. March silver increased 0.5%, to $17.205 an ounce.

World shares slumped on Tuesday, with U.S. stock-index futures pointing to a fall in early trading. The yield on the 10-year note soared above 2.7%.

The U.S. dollar index lost 0.3% to 89.06.


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