Gold holds near $4,400 despite rising Treasury yields
Commerzbank's Carsten Fritsch notes gold remains around $4,400 per ounce while US Treasury yields climb back toward late-July levels, decoupling from real rates.
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Gold is trading around $4,400 per ounce even as US Treasury yields rise back toward late-July levels, according to Commerzbank's Carsten Fritsch.
The metal is showing a decoupling from real interest rates, holding its level despite the move higher in yields.
Source: FXStreet Forex News