Gold Eases Below $4,400 as US Yields Rally
Gold traded lower on Tuesday, slipping below the $4,400 level as US Treasury yields rallied and the dollar firmed modestly.
XAUUSD
Gold showed moderate losses on Tuesday, easing below the $4,400 mark. The decline came as US Treasury yields rallied.
A risk-averse market tone added pressure on XAU/USD, while the US dollar saw a mild bid.
The combination of higher yields and a firmer dollar left gold on the defensive during the session.
Source: FXStreet Forex News