Sept 8 (Reuters) - Gold prices steadied on Wednesday, after
slipping 1.6% in the previous session when it breached the key
psychological level of $1,800, as gains in the dollar and a rise
in U.S. Treasury yields hurt bullion's appeal.
* Spot gold rose 0.1% to $1,796.03 per ounce by 0116
GMT, hovering slightly above the more than one-week low of
$1,791.90 hit on Tuesday.
* U.S. gold futures were steady at $1,799.40.
* The dollar hovered near a one-week peak against major
* The benchmark 10-year Treasury note rose as
high as 1.385% on Tuesday for the first time since mid-July,
increasing the opportunity cost of holding non-interest bearing
* U.S. President Joe Biden will present on Thursday a
six-pronged strategy intended to fight the spread of the Delta
coronavirus variant and increase vaccinations.
* Japan's economy grew faster than the initially estimated
in the April-June quarter, helped by solid capital expenditure,
although a resurgence in COVID-19 is undermining service-sector
consumption and clouding the outlook.
* Russia's Nornickel, world's largest producer of
palladium and high-grade nickel, has extracted additional metals
from waste products as part of new technology it tested to
support its 2021 output from its Arctic mines that were hit by
flooding, it said on Tuesday.
* Venezuela's gold reserves fell by three tonnes in the
first half of 2021 to their lowest level in 50 years, central
bank data showed on Tuesday, as President Nicolas Maduro's
cash-strapped government continues selling gold as a source of
* Silver rose 0.1% to $24.32 per ounce, platinum
edged 0.3% higher to $1,001.36 and palladium was
up 0.2% to $2,376.37.
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(Reporting by Eileen Soreng in Bengaluru; editing by