Gold slips as yields, dollar climb; faces 2nd monthly drop - Business News, Finance News, Share Market News - Market trendz

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Tuesday, 31 May 2022

Gold slips as yields, dollar climb; faces 2nd monthly drop

The dollar index rose, making bullion more expensive for buyers holding other currencies. Benchmark U.S. 10-year Treasury yields leaped on Tuesday after bond markets in the United States were closed in the previous session for the Memorial Day holiday, lowering the appeal of zero-yield gold.

from Commodities-Markets-Economic Times
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