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Gold vulnerable as yields stay elevated – OCBC

OCBC strategists note gold remains sluggish despite a sharp pullback in October Fed hike expectations, as long-end US Treasury yields resume their rise and the USD stays firm.

Original · FXStreet AI summary of public reporting

Why: Elevated long-end US yields and firm USD pressure gold

GOLD
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At publication → Current
GOLD4,143 → 4,191+1.1%
Gold vulnerable as yields stay elevated – OCBC | SignalHub