Gold Price Climbs 1% Amid Trade Uncertainty and US Bond Yield Decline

Post Views: 151 Gold Prices Gold Price Climbs on Trade Uncertainty and Weak US Bonds Gold prices climbed 1% on Tuesday as ongoing trade uncertainty and declining US bond yields boosted demand for the precious metal. Spot gold reached an intraday high of $3,430.41 per ounce, marking its highest point in five weeks. By mid-morning in New York, gold futures also rose 1% to $3,441.20 per ounce, reflecting strong investor interest. The yield on benchmark US 10-year Treasury notes fell to a near two-week low, making non-yielding assets like gold more attractive. As a result, gold remains about $70 b...