GOLD DROPS 2% AS RISING TREASURY YIELDS DAMPEN DEMAND
Tue 01 September 2026: Gold prices dropped by about 2% on Tuesday as rising US Treasury yields made interest-free assets such as gold less attractive to investors. Spot gold fell to around $4,357 an ounce by 12:40 GMT, its lowest level since August 19. The decline extended earlier losses after the precious metal slipped below […]
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