- 2023-04-17
Gold retreats toward $2,000 as US yields push higher
Gold price has lost its traction and declined toward $2,000 in the early American session on Monday. Amid heightened expectations for one more Fed rate hike in May, the benchmark 10-year US Treasury bond yield rises toward 3.6%, causing XAU/USD to stay under bearish pressure.
.jpg)
.jpg)
.jpg)
.jpg)
