Gold ticks up on easing Treasury yields, but rate outlook weighs
5 Articles
5 Articles
Global gold prices rose slightly today Tuesday as US Treasury bonds regressed, but expectations of higher interest rates limited the gains.
Gold ticks up on easing Treasury yields, but rate outlook weighs
Gold prices saw a slight increase on Tuesday as US Treasury yields eased. Higher interest rate expectations, however, capped the precious metal's gains. Other precious metals like silver, platinum, and palladium also experienced upward price movements. Geopolitical developments in Yemen and upcoming meetings involving President Donald Trump and Chinese President Xi Jinping were noted. The European Union's consumer confidence flash data for Septe…
Singapore: Gold prices rose slightly Tuesday as US Treasury bonds declined, but prospects for higher interest rates limited the gains. 0.3% gold in instant transactions rose to $4357.31 per ounce by 00:52 GMT. American gold futures also rose 0.3% in December to $4395.
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