Gold prices move sideways amid US bond yield fluctuations

Stable gold prices reflect safe-haven demand amid volatile bond markets and geopolitical risks.

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Gold prices move sideways amid US bond yield fluctuations

Gold prices move sideways amid US bond yield fluctuations
Gold prices remained steady near $4,000 per ounce on October 11, supported by falling U.S. bond yields and heightened geopolitical tensions that kept investors cautious. The metal’s stability reflected persistent safe-haven demand as traders weighed global risk factors and monetary policy uncertainty. Analysts said gold is likely to remain well-supported in the near term, with geopolitical developments and inflation expectations continuing to drive sentiment.
Companies:
  • Bank First Corporation
Tags:
  • Gold
  • Safe-Haven