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24/7 Wall St.93d agoneutral
Gold Slides, 30-Year Yield Hits 5.1% as Rate Fears Take OverThe PHLX Gold/Silver Sector (^XAU) is under pressure Monday as precious metals pull back across the board. SPDR Gold Shares (NYSEARCA: GLD) ETF is down 1.3% to roughly $418, while iShares Silver Trust (NYSEARCA: SLV) ETF is off 2.3% near $67 as the market reassesses what the Strait of Hormuz disruption actually means for inflation, rates ... Gold Slides, 30-Year Yield Hits 5.1% as Rate Fears Take Over
GuruFocus.com96d agoneutral
Gold Nears $4,630 As Dollar Retreat Offsets Iran War Inflation RisksGold rose after dollar weakness helped counter inflation pressure from the Iran war and Strait of Hormuz disruption.