Gold Surges Toward $4,300 as Dollar and Yields Ease
Gold rallied over 4% on Wednesday, approaching $4,300 per ounce amid a softer U.S. dollar and declining Treasury yields.
XAUUSD
Gold (XAU/USD) rebounded sharply on Wednesday, rallying more than 4% to near the $4,300 per ounce level.
The move came as the U.S. dollar weakened and Treasury yields eased, providing a tailwind for the precious metal.
Source: FXStreet Forex News