Report
Gold steadies as traders weigh lower oil prices against high Treasury yields
Bloomberg reports that gold steadied after advancing on September 29, as traders weighed easing concerns about energy-led inflation against elevated Treasury yields.
TLDR
Bloomberg reports that lower oil prices eased concerns about energy-led inflation as gold steadied after a September 29 gain. The Business Times says the yield on the longest-dated US Treasury bond reached its highest level since 2002 amid rate-hike fears.
Combined views
20K
2 Sources, first seen 3h ago
likes