Rising US bond yields, hitting new 15-year highs on Thursday, remain a significant headwind for gold.
Gold's rising opportunity cost is also preventing the precious metal from attracting safe-haven capital as a slowing Chinese economy spooked investors.
Gold's rising opportunity cost is also preventing the precious metal from attracting safe-haven capital as a slowing Chinese economy spooked investors.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.