Precious metals consolidate at lows, US Infrastructure bill in focus

Gold fluctuated as traders weighed the potential passing of an infrastructure-spending bill in the U.S. against rising Treasury yields.
House Speaker Nancy Pelosi pledged to pass a $550 billion infrastructure bill this week and signaled that the headline amount on a bigger package of spending and tax measures will be lowered from $3.5 trillion. The Senate-passed measure will be put to a vote on Thursday.

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