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(Kitco News) - Gold prices have managed to hold their ground in the face of surging bond yields and rising interest rate expectations, but one bank expects the current headwinds will eventually prove to be too much for the precious metal.For the last two years, commodity analysts at Bank of America have been some of…
Gold and silver futures opened higher on MCX and Comex as easing crude oil prices and shifting US rate expectations provided some support to bullion
Gold edged higher on Wednesday, rising 0.13% to $4,186.15 an ounce, holding onto most of Tuesday's rebound even as elevated Treasury yields kept a lid on further gains.Silver moved the other way, falling 0.78% to $60.97, slipping back below the $61 level it had briefly reclaimed a day earlier.The t…