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Gold prices touch 2000 dollars an ounce with encouraging core PCE reading
Despite the rises in gold price, it may face pressure due to the rising bond yields. With the PCE figures announced, the US Treasury yields for two years bonds reversed their downward trend during today’s session, achieving gains of 1.47%, compared to the lowest level during the session, and returning to the level of 4.914%. […] The post Gold prices touch 2000 dollars an ounce with encouraging core PCE reading appeared first on ForexTV...
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Posted: Jul 28 2023, 15:14
Author Name: forextv
Views: 102511