Gold price slips from the buyer’s radars as the United States Treasury bond yields and the US Dollar manage to witness a positive close to the week after multiple days of downturn.
That said, the US 10-year and two-year Treasury bond yields gained nearly 3.0% on the week while ending Friday’s North American trading session around 3.53%% and 4.10% respectively. Following that, the US Dollar Index (DXY) also snapped a three-day south run and bounced off the lowest level in a year to 101.58 at the latest.
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