Gold weakens on USD strength and higher bond yields
Gold (XAU/USD) faces fresh supply in Asian trading, stalling its previous day's modest bounce from the $4,100 area, a two-month low, amid renewed USD strength and higher bond yields ahead of FOMC Minutes.
Original · FXStreet AI summary of public reporting
Why: USD strength and higher bond yields → gold selling
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At publication → CurrentGOLD4,141 → 4,191+1.2%