Gold fragile on lofty US dollar and yields; palladium at 5-year low
Gold prices headed back towards seven-month lows on Wednesday as an ascending dollar and bond yields after strong US jobs data kept markets expectant of further monetary policy tightening, while palladium slipped to its lowest level since late 2018.
Oct 4, 2023 - 12:30
Gold prices headed back towards seven-month lows on Wednesday as an ascending dollar and bond yields after strong US jobs data kept markets expectant of further monetary policy tightening, while palladium slipped to its lowest level since late 2018.