• +1 (312) 549-9986

Gold $3,303.49 $(10.41) -0.31% Silver $32.62 $(0.28) -0.84% Platinum $966.50 $(12.93) -1.32% Palladium $936.85 $1.09 0.12%

Gold pressured by higher bond yields; palladium hits 5-year low

Gold pressured by higher bond yields; palladium hits 5-year low

Oct 4 (Reuters) -Gold held near a seven-month low on Wednesday, while palladium slipped to its weakest level since late 2018, as a sell-off in the U.S. bond markets lifted yields after economic data raised worries that interest rates will likely remain high.

Spot gold was steady at $1,822.20 per ounce by 0948 GMT, while U.S. gold futures dropped 0.2% to $1,838.40...[LINK]

Leave your comment