Gold Price Forecast: XAU/USD rebounds above $1,910 as yields extend losses Gold XAUUSD Fed Inflation YieldCurve
. The 10-year US Treasury yields has dropped firmly below 3.33% amid falling inflation projections.
Meanwhile, the risk profile is still negative as S&P500 futures are failing to find a cushion. The absence of demand in the S&P500 futures is restricting risk-perceived currencies in achieving solid upside bias.US yields are facing severe pressure as Federal Reserve policymakers have started considering an interest rate hike by 25 basis points for February’s monetary policy meeting.
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