100% ACCURATE SURE SHOT CALL & ONE DAY FREE TRAIL contact: 8006707020, any quiry 8006707020 www.foxcommodities.co, fox commodites 100% best inventory calls, fox commodites 100% best sure shot crude calls, fox commodites 100% bullions calls, fox commodites 100% energy calls, fox commodites 100% sure shot basematel calls, fox commodites 100% sure shot calls, fox commodites 100% sure shot natural gas calls, fox commodites 100% sure shot silver calls, fox commodities 100% recover your loss, fox commodities 100% sure shot gold calls, fox commodities 100%sure shot client support, fox commodities Full support no 7409740444, fox commodities mcx analysis 8006707020, fox commodities sure shot night support, fox commodities sure shot one day demo, no.1 mcx advisory company, contact: 8006707020 www.foxcommodities.co

PRECIOUS-Gold prices slip as surging US Treasury yields lift dollar
May 18 (Reuters) – Gold prices edged down on Friday to near their lowest levels this year, pressured by a firm U.S. dollar amid surging U.S. Treasury yields.

Spot gold XAU= was down about 0.1 percent at $1,289.16 per ounce at 0253 GMT, after hitting its lowest since Dec. 27 in the previous session at $1,285.41.

The metal was heading for its biggest weekly decline since early-December.

U.S. gold futures GCcv1 for June delivery were 0.1-percent lower at $1,288.30 per ounce.

The dollar hovered near a five-month peak against a basket of currencies on Friday thanks to the benchmark U.S. Treasury yield US10YT=RR topping a seven-year high. USD/

“The 10-year U.S. yields put the dollar on a firm foot and put pressure on metals and gold,” said a Hong Kong-based trader, adding that some “risk-on” sentiment in markets today was also adding pressure.

for contact:
8006006296/ 8006707020
www.foxcommodities.co

Be the first to comment

Leave a Reply

Your email address will not be published.


*