Gold Price Finds Support as US Bond Yields Retreat
Gold price (XAU/USD) attracts interest from dip-buyers during the Asian session on Tuesday. After reversing the previous day’s decline from near a one-month high reached last week, the yellow metal stands poised for potential gains. The backdrop of US President-elect Donald Trump’s economic team deliberating a gradual increase in tariffs is influencing the market landscape, causing a pullback in US Treasury bond yields which typically benefits non-yielding assets like gold. Investors should watch these trends closely as they unfold.
Newsletter
Get Every Weekly Update & Insights
[mc4wp_form id=]