Friday , 21 February 2025
Home Forex Gold struggles as US yields rise, big rate cut hopes wane
Forex

Gold struggles as US yields rise, big rate cut hopes wane

Gold price edges down during Monday’s North American session, yet it remains within the $2,630 – $2,659 range as US Treasury bond yields capped the yellow metal advance, while the escalation of the Middle East conflict keeps the precious metal from falling further.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

AUDUSD falls as risk-off sentiment and technical sellers push the pair lower

The AUDUSD moved higher yesterday as the USD weakened, bringing the pair...

Pain in the stock market: 8 things are adding up to an ugly selloff

US stock markets are under some heavy pressure today with the S&P...

Fed’s Goolsbee: Steel tariffs will raise production costs in region

Fed's Goolsbee is lurking around saying that:Steel tariffs will raise production costs...

USDJPY falls below the 50% midpoint

The USDJPY has moved below the 50% midpoint of the move up...