Gold slips as rise in US bond yields dent demand - Business News, Finance News, Share Market News - Market trendz

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Thursday 9 June 2022

Gold slips as rise in US bond yields dent demand

Benchmark U.S. 10-year Treasury yields firmed on Thursday, lowering the appeal of zero-yield gold. * SPDR Gold Trust , the world's largest gold-backed exchange-traded fund, said its holdings rose 0.22% to 1,065.39 tonnes on Wednesday from 1,063.06 tonnes on Tuesday

from Commodities-Markets-Economic Times
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