INSUBCONTINENT EXCLUSIVE:
Gold prices climbed on Wednesday, October 16, as Treasury yields decreased
Investors repositioned themselves in anticipation of a potential interest rate cut by the Federal Reserve in November.Lower yields make gold
more appealing to investors
At the close of trading, gold futures for December delivery increased by 0.46% to $2,691.30 per troy ounce.The ongoing geopolitical conflict
Gold prices are currently near historic highs.Bas Kooiman, asset manager at DHF Capital, believes a slower pace of rate cuts by the Federal
(Photo Internet reproduction)The precious metal market remains sensitive to economic indicators and global events
Investors closely monitor these factors to make informed decisions about their gold holdings.The relationship between gold prices and
Treasury yields continues to play a crucial role in market dynamics
current geopolitical tensions add an extra layer of complexity to the gold market
Investors often turn to gold as a safe-haven asset during times of uncertainty, which can drive up demand and prices.Looking ahead, the gold
performance will likely depend on a combination of factors, including monetary policy decisions, global economic conditions, and
