Gold steadies near $4,335 as Treasury yields offset Fed rate-hold support

Gold is trading near $4,335 on Wednesday, holding below the $4,350 level after pulling back from an early-June high around $4,450. The metal came under selling pressure in the prior session as Treasury yields climbed to elevated levels. Expectations that the Federal Reserve will keep rates on hold are providing some underlying support, but the rise in yields is offsetting that tailwind for now. The price action leaves XAU/USD steady in early Asian hours as traders weigh Fed policy expectations against bond-market moves.