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Gold could do well as Trump admin and Fed face a reckoning over interest rates

Source: kitco.com

Commodities & Raw MaterialsInterest Rates & YieldsInflationMonetary PolicyEnergy Markets & Prices
Gold could do well as Trump admin and Fed face a reckoning over interest rates

Gold is facing sustained selling pressure as U.S. bond yields climb to their highest levels in nearly two decades. Persistent inflation expectations are driving expectations for further Federal Reserve interest-rate increases, raising the opportunity cost of holding non-yielding gold.

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