Gold price drops 1.3% as yields soar
Gold price fell over 1.3% on Tuesday.
The decline was driven by rising US Treasury yields, with the 10-year note yield near a 16-month peak.
Gold (XAU/USD) trades at $4,506 after reaching a high.
Gold Falls as Yields Rise
Gold price drops 1.3% as yields soar Gold price fell over 1.3% on Tuesday. The decline was driven by rising US Treasury yields, with the 10-year note yield near a 16-month peak. Gold (XAU/USD) trades at $4,506 after reaching a high.