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Gold Dips As Treasury Yields Recover

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Gold prices slipped by about 0.5% as 30-year Treasury yields rose by 0.06 percentage points.
  • This movement reflects the typical inverse relationship where rising bond yields increase the opportunity cost of holding non-yielding bullion, pressuring its price lower.
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XAUUSD price history

4350.20 -5.19% over the displayed period

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