Gold hits near 2-week low as US bond yields, dollar firm

Gold prices hit a near two-week low on Wednesday, as rising Treasury yields and a strengthening US dollar continued to sap demand for greenback-priced bullion.

Spot gold was down 0.2 percent at $1,834.09 per ounce, as of 0044 GMT, its lowest since May 20. US gold futures fell 0.6 percent to $1,838.20.