Gold prices continued to defy rising bond yields Monday, trading just $5 per ounce lower for 2022 so far as US stock markets showed a near 10% drop ahead of key inflation data
Gold bullion has already priced in this year s widely expected US Fed rate rises, analysts said Monday, holding above $1820 per ounce as bond yields rose once more and inflation continued to crude oil
Gold prices rallied against a rising US Dollar on Monday even as longer-term interest rates recovered with European stock markets and energy prices after Friday s shock sell-off on news of the new Omicron variant of Covid-19
Gold prices slipped from last week s rebound in Asian and London trade Monday after the major US gold ETFs continued to liquidate and new inflation data caused more analysts to ask whether inflation really is transitory
Gold Price Near 1-Month Highs as China, India and Central-Bank Demand Rises bullionvault.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bullionvault.com Daily Mail and Mail on Sunday newspapers.