Gold, silver rebound as dollar, yields and oil ease - Kitco AM Report - Kitco

Gold, silver rebound as dollar, yields and oil ease - Kitco AM Report - Kitco

Source: Kitco

―

DW NOTE

Gold rose on a weaker dollar and falling Treasury yields — the same yields that climbed 10% in a month and 27.5% year-over-year to 5.28%. One day's relief doesn't unwrite the bond rout. Silver is still down 47% from its yearly high, and gold remains 20.7% below January's $5,318 peak. Momentum trades don't care about haven narratives when real rates are rising this fast.

Read the full story at Kitco →