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Gold rebounds above Rs 1.58 lakh/10 grams as US bond yields decline. What lies ahead?
Gold prices rose above Rs 1.58 lakh per 10 grams on the MCX as US Treasury yields fell and the dollar remained subdued following increased liquidity support. With geopolitical uncertainty, crude prices and upcoming US economic data in focus, analysts expect gold to remain volatile while long-term demand stays supportive.
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economictimes.indiatimes.com
Gold hovers near early-June high on lower bond yields
Gold prices soared close to a two-month peak on Thursday after the U.S. Treasury announced bolstered liquidity measures. With yields falling and the dollar weakening, gold became…
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Gold rebounds above Rs 1.58 lakh/10 grams as US bond yields decline. What lies ahead?
Gold prices rose above Rs 1.58 lakh per 10 grams on the MCX as US Treasury yields fell and the dollar remained subdued following increased liquidity support. With geopolitical…
