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Home›business›Gold will continue to feel the pain as 10-year bond yields hit 5.15% - Forex.com’s Razaqzada
business

Gold will continue to feel the pain as 10-year bond yields hit 5.15% - Forex.com’s Razaqzada

By Info60 Canada Desk•Summary of reporting by Kitco•6d ago•0 views•
Gold will continue to feel the pain as 10-year bond yields hit 5.15% - Forex.com’s Razaqzada
(Kitco News) - The gold market continues to struggle as bond yields across the curve push to their highest levels in 20 years, and one market strategist is warning investors that the precious metal has room to fall further.In his latest precious metals note, Fawad Razaqzada, Market Analyst at FOREX.com, said it could be difficult for precious metals to rally as elevated oil prices drive inflation pressures higher, fueling market expectations that the Federal Reserve will have to raise interest r
(Kitco News) - The gold market continues to struggle as bond yields across the curve push to their highest levels in 20 years, and one market strategist is warning investors that the precious metal has room to fall further. In his latest precious met... [2341 chars]
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