Gold Drops Below $4,040

Gold falls to $4,025 as yields rise Gold's break below the $4,040 line points to renewed downside momentum. The decline continues to reflect rising oil-driven inflation expectations and firmer rate bets. With the metal now trading below a level that had provided

Gold falls to $4,025 as yields rise

Gold’s break below the $4,040 line points to renewed downside momentum.

The decline continues to reflect rising oil-driven inflation expectations and firmer rate bets.

With the metal now trading below a level that had provided initial support, attention shifts to whether $4,000 holds as the next line of defence.

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