Gold's Rally may not have Ended as Suggested by US Yields

Gold changes little in European session. While price has recovered in tandem with broad-based strength in the commodity market, liquidation from previous long positions and re-allocation of capitals to stock markets capped gold's upside. While investment demand for gold recedes as risk appetite improves, physical demand has picked up as price declines from its peak.

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Gold's Rally may not have Ended as Suggested by US Yields