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الاقتصادية
Gold surpasses $4,179 as U.S. yields decline
Gold prices rose by over 1%, approaching $4,180 per ounce, after the US 30-year Treasury bond auction saw strong demand, which led to a decline in long-term bond yields. This easing in yields eased pressure on the non-yielding precious metal. The bond yield declines, supported by falling oil prices and expectations of no attack on Iran before the US midterm elections, prompted some gold buying. However, concerns about inflation and the anticipation of interest rate hikes by the Federal Reserve still pose challenges to sustaining these gains.
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