India, Sept. 7 -- Gold prices were moving lower on Monday, with rising U.S. bond yields and escalating Middle East tensions weighing on the precious metal's safe-haven appeal.
Spot gold dipped half a percent to $4,409.85 after a tumultuous week. U.S. gold futures were down half a percent at 4,455.51 an ounce.
The U.S. dollar index was subdued as the Japanese yen surged to a seven-month high, driven by increased bets on a faster pace of Bank of Japan tightening.
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