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Market move▼ Bearish for Indian equities
Gold Tilts Lower as Iran Impasse Continues to Fan Rate-Hike Bets
The brief
- Gold was set to end the week lower as elevated energy prices lifted bond yields and rate-hike bets
- The report links the pressure on gold to the continuing Iran impasse
- Higher energy costs and yields pressure Indian gold demand and jewellery stocks
- Bullion may stay volatile as US data, W Asia tensions take focus: Analysts
- The 10-year Treasury yield is at its highest in nearly two decades. How we got here
- US 30-year Treasury yield tops 5.53% as consumer sentiment strengthens
- White House Mulls Range of Options to Lower Diesel Costs
- Soaring bond yields ‘not even close’ to cooling red-hot US economy, investors say