Gold prices were marginally higher on Wednesday, the last trading session in May, but held on to their gains from a day earlier as sinking Treasury yields helped bolster prices of the yellow metal.
However,... Gold prices were marginally higher on Wednesday, the last trading session in May, but held on to their gains from a day earlier as sinking Treasury yields helped bolster prices of the yellow metal. However, falling Treasury yields have helped boost the price of gold this week. Yields have fallen in the days since President Joe Biden and House Speaker Kevin McCarthy reached a deal to raise the U.S. debt ceiling.
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