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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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.