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Gold Stalls Near $4,400 as Surging Yields and Inflation Fears Dent Bullion Appeal

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Agnico Eagle Mines faces headwinds from elevated valuation, rising all-in sustaining costs, and operational disruptions at Canadian Malartic.
  • Meanwhile, gold prices face renewed pressure around $4,400 as high Treasury yields, a stronger dollar, and inflation-driven interest rate hike expectations weigh on bullion sentiment.
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XAUUSD price history

4408.90 -4.49% over the displayed period

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