Gold Price Dips Below $2,910 Amidst Rising US Yields

In a surprising turn of events, gold prices have taken a downturn, dipping below the threshold of $2,910. This occurrence is linked directly to the rebound of US yields, demonstrating the interconnected dynamics of the global financial markets. Inch by inch, as yields ascend, gold seems to be descending, setting a reverse correlation in motion. With investors seeking surer grounds, the implications of these fluxes are worth noting. Despite its reputation as a haven, Gold’s allure seems to be dimming against the backdrop of a yielding US market. Read More