Daily Gold Review | Gold Prices Rebound, Focus on Geopolitical Risks and U.S. Treasury Yield Game
Currently, geopolitical risks remain the core short-term variable for international gold prices. The ongoing escalation of the US-Iran conflict has pushed Brent crude oil above $91 per barrel, reaching a five-week high. US Treasury yields have risen again—the 10-year Treasury yield climbed to 4.63%, and the 30-year broke above 5.13%. This simultaneous rise in real interest rates is putting pressure on international gold prices, which are currently in a tug-of-war between geopolitical risk support and interest rate suppression.
Editor | Jiao Yang Layout | Jiao Yang Visuals | Zhang Zongwei
Proofreading | Wang Bei Review | Ni Jinhe
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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