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Gold Price Hits 10-Day Low as Rising Yields Test Support

Source: fxempire.com

Interest Rates & YieldsInflationEnergy Markets & Prices
Gold Price Hits 10-Day Low as Rising Yields Test Support

Gold is falling early Tuesday and has hit a fresh 10-day low as global rate repricing continues. Rising yields increase the opportunity cost of holding a non-yielding asset, weighing on prices.

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