fromLondon Business News | Londonlovesbusiness.com
1 day agoGold drifts lower amid rising oil prices and treasury yields - London Business News | Londonlovesbusiness.com
The metal has come under pressure as rising geopolitical tensions have pushed energy prices higher, reinforcing concerns about inflation and tightening financial conditions. This has resulted in a rise in US Treasury yields to multi-week highs, weighing on non-yielding assets such as gold.
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