Metals Stocks: Gold settles lower for 8 straight sessions, suffers worst losing streak in more than 6 years

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Gold prices fell for eighth consecutive session on Wednesday, settling at their lowest levels since July 6, as higher Treasury yields and a firm U.S. dollar kept the pressure on the yellow metal.

Price action

Market drivers

Gold prices fell for eight straight sessions with the benchmark 10-year U.S. Treasury note yield edging higher after seeing the highest levels since 2008 earlier this week.

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