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Gold rises toward $4,180 as Treasury yields ease from 24-year highs and US dollar pauses

Gold rises toward $4,180 as Treasury yields ease from 24-year highs and US dollar pauses
investinglive.com

investinglive.com ·

Gold’s rebound is tied closely to the pullback in Treasury yields, leaving it exposed if the bond selloff resumes ahead of the Fed’s October meeting. With markets pricing an 82% chance of a hike by December, any strong US data or hawkish Fed commentary could quickly push yields back up and gold back toward its recent lows. Oil remains the inflation ...

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