India, Oct. 9 -- Gold prices were sharply higher on Friday as oil prices fell and bond yields steadied, helping ease concerns around inflation and interest rates.

Spot gold surged 1.2 percent to $4,185 an ounce while U.S. gold futures were up 1.3 percent at $4,209.

Markets found some relief from a pullback in French government bond yields, which had previously climbed to multi-decade highs due to budget concerns.

For comments and feedback contact: editorial@rttnews.com

Published by HT Digital Content Services with permission from RTT News....