Falling Gold Prices Due to Rise in US Bond Yields and Strong Retail Sales
The price of gold futures continued to fall. Recently dropped to $ 1,940, affected by the rebound in US government bond yields. This increases the opportunity cost of holding gold. Because gold is an asset without interest in the form of returns. At 10:57 p.m. Thai time, the COMEX (Commodity Exchange) gold contract is delivered … Read more