Gold Extends Gains to $4,400 as Treasury Yields Retreat

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โดย FXStreet·

Summary · why it matters

Gold (XAU/USD) extends gains for the second consecutive day on Friday as the pullback in US Treasury yields has offset the negative impact of the hawkish hike delivered by the Federal Reserve (Fed) earlier this week. The metal appreciated to $4,400 as yields retreated.

United States Government Bond 10Y ▼Effective Federal Funds Rate ▼

Impact on stocks 2

Others▼ · 2 stocks

％United States Government Bond 10Y

US-10Y

▼ NegativeMonetaryrelevance

Article states US Treasury yields retreated, so the 10Y yield is moving down.

％Effective Federal Funds Rate

EFFR

▼ NegativeMonetaryrelevance

Fed delivered a hawkish hike, pushing the effective fed funds rate higher.

Gold Extends Gains to $4,400 as Treasury Yields Retreat

Impact on stocks 2

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