Metals Stocks: Gold crawls up from one-month lows as Treasury yields pause their ascent

Gold settled higher Tuesday, on the heels of three consecutive sessions of declines, lifting prices up from the roughly one-month low they settled at in the previous session.

Gold gained as a steep decline in a benchmark U.S. stock index drove haven demand for the metal, even as Treasury yields, which tend to move inversely to precious metals prices, climbed.

June gold GCM8, -0.25% added $9, or 0.7%, to settle at $1,333 an ounce. The contract closed at $1,324 Monday, marking its lowest finish since March 21 and dropping for a third day in a row. In fact, the three-session skid was the lengthiest since a similar downturn ended March 16.

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