Gold, Silver Price Outlook: Rising Yields and USD Exert Downward Pressure
Summary
By sueyangfx.com January 11, 2021 at 06:26AM Gold and silver prices plummeted in response to rising longer-dated US Treasury yields and a rebound in the US Dollar. Fresh stimulus plans from President-elect Joe Biden may help to cushion the do…
More On DailyFX - Market News
- US Dollar Price Action: Hawkish Powell and Potential Month-End USD Buying
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- Gold Price Crumbles After Hawkish Fed Boosted US Dollar. Where to for XAU/USD?
- Supportive USD Fundamentals and DXY Setup Ahead of FOMC
January 11, 2021 at 06:26AM
Gold and silver prices plummeted in response to rising longer-dated US Treasury yields and a rebound in the US Dollar. Fresh stimulus plans from President-elect Joe Biden may help to cushion the do…