18.6 C
New York
Thursday, September 29, 2022

Buy now

spot_img

Gold Poised for Third Weekly Drop With King Dollar Dominating


“Gold is becoming a punching bag as surging Treasury yields have rejuvenated the king dollar trade,” said Edward Moya, a senior market analyst at Oanda Corp. There’s “no reprieve in sight for gold until the move higher with global bond yields is over,” he added.





Source link

Related Articles

Stay Connected

0FansLike
3,506FollowersFollow
0SubscribersSubscribe
- Advertisement -spot_img

Latest Articles