The Story
News Summary
- Gold slipped near five-week lows below $4,300 as surging oil prices reignited inflation worries and cemented expectations for a Federal Reserve rate hike.
- With the US 10-year Treasury yield nearing 5%, rising yields and central bank policy tightening are placing heavy downward pressure on non-yielding bullion.
Explore XAUUSD price history & advisor snapshot
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Stored market data
XAUUSD price history
4346.80
-5.27% over the displayed period
Advisor Snapshot
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