Ammon News - Gold eased on Tuesday after touching a six-week high in the previous session, as rising U.S. Treasury yields and profit-taking weighed on prices, while investors awaited U.S. economic data to gauge the Federal Reserve's policy path.

Spot gold fell 0.3% to $4,218.71 per ounce by 0621 GMT.

U.S. gold futures for December delivery were down 0.6% at $4,250.70 per ounce.

Benchmark 10-year U.S. Treasury yields hovered close to a two-week high touched in the previous session, reducing the appeal of non-yielding bullion.

Traders are pricing in an 88% chance of a December Fed rate cut, per CME's FedWatch tool.

Lower interest rates typically benefit non-yielding gold.

Silver fell 1.3% to $57.24 per ounce, platinum slipped 0.9% to $1,643.10, and palladium was down 0.4% at $1,419.50.

Reuters