Gold price has held up relatively well amid rising bond yields and rebound in the USD. Economists at ANZ Bank analyze the yellow metal’s outlook. Head
Gold price has held up relatively well amid rising bond yields and rebound in the USD. Economists at ANZ Bank analyze the yellow metal’sGold prices have been resilient in the face of rising US Treasury yields and a stronger USD. While the ‘higher rates for longer’ narrative gains momentum in response to strong US economic data, we see these headwinds having limited impact on Gold over the coming months.
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