barnabyfagan19

barnabyfagan19 Updated 

Gold continues to face pressure, trading below $1,950 and falling below the 20-day simple moving average, marking its lowest level since 19/22. The yellow metal isn't benefiting from the drop in Treasury bond yields. What are your thoughts on this situation?

barnabyfagan19 Updated 

In Asian trading on Tuesday, gold prices experienced a decline due to a resurgence of the dollar and Treasury yields. This drop in gold prices came just ahead of a series of significant Federal Reserve speakers scheduled for later in the week. Furthermore, industrial metals, particularly copper, also faced a sharp decrease following underwhelming trade data from...