XAUUSD Gold VS US treasury yield 4H
Gold lost more than $30 on surge in US treasury yields. The 10-year yield jumped more than 8% and hit a five-week high as the latest omicron virus will do less harm to the economy. The hopes of a rate hike by the Fed also dragging yellow metal. It hits a low of $1798 and is currently trading around $1805.75.
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