Gold Drifts Lower From 6-Month High on Dollar Uptick

Gold prices on Wednesday fell from last session’s six-month peak as the U.S. dollar firmed and Treasury yields remained elevated, while investors weighed the worsening COVID situation in top bullion consumer China. Spot gold fell 0.5% to $1,804.48 per ounce by 1226 GMT, having hit its highest since the end of June on Tuesday…