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​Spot gold closed with a gain of 0.59% at $2392 Friday as the metal rose on fresh concerns about the geopolitical situation following Israel s attack on Iran. Israel reportedly struck back Iran on Friday morning in a low-scale drone operation. ....
Gold rally defies norms amid US debt rise and stable Debt to GDP. Global geopolitics and de-dollarisation fuel surge. Central banks favor gold, affecting Fed. US interest expense rises, impacting treasury issuances and long gold positions. ....
Spot gold closed with a loss of 0.48% at $2025 Friday as the US yields chugged higher to close 0.47% up at 4.177%. Spot gold was down nearly 0.70% on the week. The ten-year US yields firmed up by around 3.70% on the weekly basis, whereas the two-year yields were up roughly 2% on the week as the yields settled at 4.48% Friday. ....