Gold Prices Slide to $1,826 Amidst Stronger US Dollar and Surging Treasury Bond Yields
On Tuesday, the price of gold dropped by about 0.1%, landing at $1,826 per ounce. This is quite a decrease compared to its recent peak of over $2,070 back in May 2023. The reason for this decline is the increasing strength of US Treasury yields and the dollar. Experts believe that high-interest rates are likely … Read more