Gold prices fluctuate amidst USDX and yield changes.

Gold prices are down but have rebounded from early-session lows as the US dollar index loses most of its earlier gains, giving metals market bulls some confidence to buy today's price dips. However, rising US Treasury and European bond yields, as well as lower crude oil prices, are keeping precious metals depressed. Some hawkish Fed-speak has dampened trader and investor spirits, including metals traders, as non-voting members of the FOMC argued in favor of higher US interest rates for longer.