Gold Futures Set New Record on Safe-Haven Demand, Weaker U.S. Dollar
Gold futures set a fresh record on safe-haven demand and low U.S. dollar and Treasury yields. Continuous gold futures on the New York Mercantile Exchange rose 1.9% to $2,845.80 a troy ounce in ...
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Dollar Slides and Gold Jumps to a Record High as Global Bond Yields Fall
The dollar is under pressure from falling bond yields as the 10-year T-note yield dropped to a 6-week low today, which weakened the dollar’s interest rate differentials. Also, today’s strength in ...