Gold Slides 1.4% as 10-Year Yield Holds Near Highs
Gold futures slipped about 1.4% to $4,476 an ounce as the 10-year Treasury yield held near its 52-week high, pressuring non-yielding assets and equities.
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Gold futures slipped about 1.4% to $4,476 an ounce as the 10-year Treasury yield held near its 52-week high, pressuring non-yielding assets and equities.
Gold traded near $4,104 per ounce on Monday as a strengthening dollar offset safe-haven demand from oil market turmoil.