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Gold sees more downside price action amid rising bond yields – Kitco NEWS

Senior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look?…

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(Kitco News) – Gold futures prices are lower again in early U.S. trading Thursday. Rising government bond yields are at least short-term bearish for the precious metals markets as the benchmark U.S. Treasury note is presently yielding 1.45%, which is a one-year high. The shorter-term, chart based futures trader bears…

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