xauusd upGold retreats below $2,030 as US yields edge higher
Gold lost its traction and retreated below $2,030 in the American session on Monday. The benchmark 10-yea r US Treasury bond yield recovers toward 4.3% after spending the first half of the day in the red and weighs on XAU/USD. Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It’s traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast. gold now buy 2027 tp1 2031 tp2 2040 tp3 2050
