July 21 (Reuters) - Gold prices slipped on Wednesday, as a
buoyant dollar and a rebound in U.S. Treasury yields stemmed
inflows into the safe-haven bullion spurred by fears the Delta
coronavirus variant may stall a global recovery.
* Spot gold was down 0.1% at $1,808.45 per ounce, as
of 0035 GMT.
* U.S. gold futures eased 0.1% at $1,808.90 per
* Yields on 10-year Treasuries bounced off
five-month lows, increasing the opportunity cost of holding
non-interest bearing gold.
* The dollar, also considered a safe bet during geopolitical
uncertainties, held near a 3-1/2-month peak against its rivals,
potentially trimming appetite for gold by making the metal more
expensive for holders of other currencies.
* Wall Street rebounded on Tuesday as upbeat earnings
reports and revived economic optimism buoyed appetite for risk,
following a multi-day losing streak driven by a rise in
worldwide coronavirus cases and rising deaths in the United
* Many Bank of Japan policymakers said rising global
commodity costs will gradually push up the country's inflation,
though some warned that weak consumption will keep any upward
pressure modest, minutes of their June meeting showed.
* Swiss exports of gold to India edged higher in June,
although they remained far below levels earlier this year, while
shipments to mainland China fell, Swiss customs data showed on
* Russia's central bank said the country's gold reserves
stood at 73.7 million troy ounces at the start of July.
* Miner Barrick Gold Corp has resumed surface
operations including processing at its Hemlo mine in Canada's
Ontario province after a worker fatality last week suspended
mining, a company spokeswoman said on Tuesday.
* Silver was steady at $24.92 per ounce, palladium
rose 0.2% to $2,637.68, and platinum gained 0.3%
2350 Japan Trade Data YY June
Bank of Japan Deputy Governor Masayoshi Amamiya delivers speech,
holds news conference
(Reporting by Brijesh Patel in Bengaluru; editing by Vinay