Gold and silver have below their respective multi-week range, pointing to further losses in the near term amid rising US Treasury yields. How much downside and what are the key levels to watch?
We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.Oct 3, 2023Sep 26, 2023What is the outlook and the key levels to watch?
US Treasury 10-year yield hit a 16-year high last week on the growing conviction of higher-for-longer interest rates, weighing on the zero-yielding precious metals. On technical charts, the US Treasury 10-year yield’s break above the 2018 high of 3.
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