Gold Prices Fall as Strong PPI Readings Boost Yields, USD Rises

12 April 2021 Last updated : 12 April 2021 BonTrade

Gold prices edged lower as stronger-than-expected Chinese and US PPI readings boosted longer-dated Treasury yields. However, a “Double Bottom” chart pattern points to upside potential.

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Gold Prices Fall as Strong PPI Readings Boost Yields, USD Rises

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