Gold Hits New All-Time Highs, Focus on Bond Yields and Planned Rate Cuts
Gold Hits New All-Time Highs, Focus on Bond Yields and Planned Rate Cuts


October 16, 2024 7:50 pm ETSPDR® Gold Stock ETF (GLD), GDXIAU, SLV, SILSGOL, SIVR, GDXJ, PHYS, PSLV, NUGT, OUNZ, SILJ, BAR, GLDM, AAAU, XAGUSD:CUR, XAUUSD:CURBy: carl surran, SA News Editor

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Gold futures rose to fresh all-time highs on Wednesday, boosted by weakness in US Treasury yields and expected rate cuts by major central banks, with additional safe-haven support coming from of geopolitical conflicts and Chinese economic concerns.

US Treasury yields fell to their lowest level

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