Gold's Rally Continues Amid Declining Treasury Yields and Investor Speculation
TL;DR
Gold prices are slightly higher as U.S. Treasury yields decline, providing support for the gold and silver market bulls. Traders and investors are awaiting key U.S. economic data, including the U.S. employment situation report, while the U.S. dollar index is slightly down. Technically, gold and silver futures prices have shown signs of a near-term market top, but the bulls still have the overall near-term technical advantage. Copper prices closed slightly lower, with the copper bulls appearing exhausted.
- Gold gains some ground as U.S. Treasury yields decline Kitco NEWS
- Don’t count on bitcoin, gold or the Fed CNN
- Gold prices flat as investors await U.S. jobs for more Fed cues CNBC
- What is going on with gold? The Financial Express
- Have gold prices peaked? No, as multiple factors support the rally continuing Moneycontrol
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