Gold price hovers near record high, bulls seem unaffected by elevated US bond yields – FXStreet

Gold prices have regained positive traction following an overnight pullback from all-time highs. Political uncertainty in the US and tensions in the Middle East are supporting the safe haven XAU/USD. The accommodative monetary policy environment remains supportive, offsetting the rise in US Treasury yields. Gold prices (XAU/USD) picked up some bullish buying during Asian trading […]