10-year Treasury yields are currently the "ceiling" for gold.
Up over 42% compared to one year ago, reflecting a massive bull run in the precious metals sector. gold price today kitco
The market is finding strong footing around the $4,700 - $4,705 zone. What’s Driving Gold Prices Right Now? 1. The Geopolitical "Cooling" Effect 10-year Treasury yields are currently the "ceiling" for gold
Strong jobs data could push yields back toward 4.45% , which would likely dampen the current rally. 3. Continued Central Bank Accumulation 700 - $4
Gold - Price - Chart - Historical Data - News - Trading Economics
As of the current trading session, gold continues to build on its mid-week recovery:
Bulls are eyeing a break above $4,775 to confirm a sustained upward trend.