Gold price was modestly up late in the North American session, registering gains of around 0.15% amid high US Treasury bond yields that make it less appealing to hold the non-yielding metal.
Gold gains more than 0.30% despite pressure from high US Treasury yields. Hawkish remarks from Fed officials, including Governor Michelle Bowman, temper Gold 's rise. XAU/USD traders are eyeing the release of US core PCE inflation data. Consequently, the Greenback erased its previous losses, capping Gold ’s rally. The XAU/USD trades at $2,357, above its opening price by 0.28%.
Up next would be the $2,400 mark, followed by the year-to-date high of $2,450 and then the $2,500 mark. US Dollar PRICE Today The table below shows the percentage change of US Dollar against listed major currencies today. US Dollar was the strongest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD -0.01% 0.05% 0.14% 0.09% 0.07% 0.06% -0.16% EUR 0.01% 0.07% 0.15% 0.08% 0.09% 0.12% -0.17% GBP -0.05% -0.07% 0.08% 0.01% 0.04% 0.05% -0.24% JPY -0.14% -0.15% -0.08% -0.06% -0.06% -0.
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