Day: February 19, 2024

Gold slips on rising bond yields, dollar; traders eye FOMC minutes for further cuesGold slips on rising bond yields, dollar; traders eye FOMC minutes for further cues

By Saumil Gandhi In the previous week, bullion prices extended losses due to the upward march in US bond yields and the dollar index. On the other hand, Federal Reserve policymakers have lowered investor expectations on the interest rate front with ‘hawkish’ comments, which have bolstered the possibility of additional rate hikes despite recent U.S. […]