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NEW YORK (AP) - Gold prices rose modestly Monday, gaining for the third straight day as traders watched the U.S. dollar lose ground against the euro and Treasury yields hold steady.
Platinum, oil and copper prices climbed as well, lifted by labor unrest at major producers.
U.S. Treasurys and the dollar are considered rival safe-haven assets to gold. Earlier this month, a surge in the 10-year Treasury yield fueled a selloff in gold, which had been seeing strong gains. Since the 10-year yield's advance has tapered off and the dollar began weakening against the euro, the precious metals market has recovered but has not relaunched its rally.
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