Gold Price Forecast: XAU/USD bulls move in as US yields slide into the close – by fx_ross Gold DollarIndex Currencies Fed China
US yields slide into the closing hour of the US session.
In futures, gold for December delivery closed down US$13.30 to settle at US$1,776.40 per ounce as US bond yields rose along with the greenback. While there is some relief over geopolitical worries that have eased since US House Speaker Nancy Pelosi ended her visit to Taiwan, there remains an underbelly of risk-off in markets with the Asian power boosting military activity around Taiwan to show its displeasure with Pelosi's move.
''However, on the other hand, we see risks that Fed speakers can push back against market expectations for an early
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