Rising Bond Yields Are Driving Down Price of Gold

<p><img width="507" height="338" src="https://www.actionforex.com/wp-content/uploads/2018/04/f-gold19.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>The yield on 10-year bonds exceeded 4.5% per annum – a 16-year high. The demand for them was promoted by: → tough statements from the Fed last week that the high base interest rate will remain as long as necessary. Moreover, Minneapolis Fed President Neel Kashkari said he expects another increase; → concerns related to […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/520345-rising-bond-yields-are-driving-down-price-of-gold/">Rising Bond Yields Are Driving Down Price of Gold</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>