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fxJun 10, 2026, 6:53 AM

Gold Staggers Near $4,217 as Real Yield Inflection Point Looms Ahead of US CPI

Gold (XAU/USD) staged a modest recovery to $4,216 after printing lows near $4,171 early Wednesday, but the bounce remains shallow and unconvincing amid rising real yields ahead of the US CPI release.

XAUUSD

Gold (XAU/USD) edged up to $4,216 in Wednesday trading after touching lows around $4,171 earlier in the session. However, the rebound lacks momentum, with the market focused on a potential real-yield inflection point.

Traders are now eyeing the upcoming US Consumer Price Index (CPI) data, which could set the near-term direction for the precious metal. Rising real yields continue to cap gold's upside, keeping the recovery fragile.

Source: FXStreet Forex News