Gold slumps over 4% as US yields surge on Middle East escalation
Gold (XAU/USD) drops more than 4% on Tuesday as high US Treasury yields weighed on the yellow metal, which usually works as a hedge amid global geopolitical uncertainty and conflicts.
Gold (XAU/USD) drops more than 4% on Tuesday as high US Treasury yields weighed on the yellow metal, which usually works as a hedge amid global geopolitical uncertainty and conflicts.
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