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زاد الاردن
Gold and silver climb amid falling U.S. yields
Gold and silver prices rose today, driven by the second consecutive session of declining U.S. Treasury bond yields. This occurred amid expectations of higher U.S. interest rates, which limited gains for the precious metals. The spot price of silver reached $66.48 per ounce, while gold saw a modest increase, with U.S. December futures rising by 0.3% to $4,395. The rise in U.S. interest rates approved by the Federal Reserve last week has put pressure on gold's attractiveness, as it is traditionally considered a hedge against inflation. Investors tend to prefer assets that generate returns. Additionally, the yields on 10-year U.S. Treasury bonds declined, further boosting the appeal of precious metals as safe-haven assets, especially amid ongoing geopolitical tensions in Yemen and expectations of rising global inflation.
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