Gold and silver prices rebounded slightly on Tuesday after back-to-back losses that left the yellow metal at its lowest level in two-and-a-half years.
Gold and silver prices recovered some ground on Tuesday after back-to-back losses that left the yellow metal at its lowest level in two-and-a-half years.
Price action What’s happening The strong U.S. dollar and rising Treasury yields have been weighing on gold prices all year thanks to expectations for more aggressive monetary policy tightening from the Federal Reserve and other global central banks. As a result gold-focused exchange-traded funds have endured a massive capital exodus, according to Commerzbank analysts.
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