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Gold and Silver Prices in Peril as Yields Surge, Technical Setup on XAU/USD

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dailyfx.com/news/gold-and-silver-prices-in-peril-as-yields-surge-technical-setup-on-xau-usd-20230607.html

None slide as U.S. yields surge across the Treasury curve
• None Non-yielding precious metals tend to perform poorly when higher nominal rates boost returns on competing assets, such as government bonds
• None This article looks at key XAU/ ’s levels to watch in the coming trading sessions
Most Read: USD Wobbles but Outlook Brightens, EUR/USD & USD/JPY Embark on Divergent…

This story from dailyfx.com was posted on 2023-06-07 by @coralca.

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