PRECIOUS-Gold flat as U.S. yields negate firmer dollar

 PRECIOUS-Gold flat as U.S. yields negate firmer dollar
    May 11 (Reuters) - Gold prices were steady on Tuesday as a
retreat in U.S. Treasury yields countered a slight rebound in
the dollar, while investors awaited key data on inflation due
later this week.
       
    FUNDAMENTALS
    * Spot gold        was steady at $1,836.26 per ounce by 0134
GMT, after hitting its highest since Feb. 11 at $1,842.91 on
Friday. 
    * U.S. gold futures        were down 0.1% at $1,836.40 per
ounce.
    * The dollar index        was up 0.1%, making gold more
expensive for other currency holders.       
    * The U.S. currency slipped to a more than two-month low in
the previous session after U.S. non-farm payrolls data on Friday
showed jobs growth unexpectedly slowed in April.             
    * Benchmark U.S. 10-year Treasury yields             were
pinned below 1.6%. Lower bond yields reduce the opportunity cost
of holding non-yielding gold.      
    * Bank of Japan policymakers warned of...

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