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Gold prices continue to struggle after sliding to 1-month lows as rising bond yields heap pressure on metals

Gold prices slid further on Tuesday, settling at their lowest levels in more than a month, as the Treasury yields and the U.S. dollar climbed following the release of official data showing a surge of sales by American retailers in July.

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Market drivers

Prices of the yellow metal slid further on Tuesday, building on earlier losses, following the release of better than forecast retail-sales data showing U.S. retailers had a strong July, mostly due to the impact of Amazon Prime Day.

Sales…

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