XAU/USD Resumes Downward Trend Amid Rising US Bond Yields & Economic Uncertainty
The XAU/USD (Gold/US Dollar) pair has resumed its downward trend after experiencing a minor pullback, currently hovering near the $1,870.00 level. The precious metal has been experiencing fluctuations recently as the US bond yields continue to rise, putting pressure on non-yielding assets like gold. The Asia trading session is especially crucial for the XAU/USD pair, … Read more