Gold Prices Face Resistance Amid Rising Bond Yields and Economic Concerns
TL;DR
Gold and silver prices are slightly down as U.S. Treasury yields rise and the U.S. dollar index hovers near a 6.5-month high. Traders and investors are in a risk-off mood due to the potential for a U.S. government shutdown. The overall near-term technical advantage is with the bears in both the gold and silver markets.
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- Gold prices hold steady amid Federal Reserve's interest rate warning and global economic concerns By Investing.com Investing.com
- Gold Prices Forecast: XAU/USD Dips Amid U.S. Economic Winds FX Empire
- Gold price faces solid resistance – Analysis - 25-09-2023 Economies.com
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