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XAUUSD — Gold Rebounds Toward $4,200 as Yields Ease Up, Dollar Pulls Back
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Bullion gained more than 1.5% as the dollar paused and Treasury yields retreated. Strong investment demand offers support, but further Fed tightening remains a hurdle. Gold recovers from its recent low Spot gold rose 1.5% to $4,200 an ounce early Friday, extending its recovery from Wednesday’s two-month low. US gold futures climbed to around $4,210. The dollar and bond market gave buyers some breathing room. The US 10-year Treasury yield steadied near 5.23%, below…
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