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(Kitco NewsWire) – Spot gold prices were firmer and spot silver prices were modestly lower in early U.S. trading Wednesday, as softer U.S. inflation data eased immediate Fed tightening pressure while elevated Treasury yields and a still-firm dollar kept the rebound contained. At the time of writing, spot gold was…
Gold price ceiling: real yields hit a 4-session high after a bank said the Fed could hike more. What it means for gold, and what it doesn't.
China added 20.2 metric tons to gold reserves, while ETF holders weigh real yields and the risk of another 3.9% slide to July’s low.