Gold was steady as traders shifted focus from the US Federal Reserve’s near-certain rate cut this week to the pace of its monetary easing in 2026.
Bullion was trading just above $4,200 an ounce, having ended the previous session marginally down. 10-year Treasury yields climbed to the highest in more than two months on Monday, with investors facing a series of auctions as well as the Fed’s rate decision on Wednesday that may set policy expectations for next year.