Gold prices fall $100 from record high as US Treasury yields rise; Q1GDP lowers Fed rate cut expectations
Gold Prices Today: The yellow metal’s gains waned on Thursday, April 25, as US Treasury yields rose after gross domestic product (GDP) data showed persistent headline inflation, which could lead to the Federal Reserve raising interest rates soon. Expectations of reduction reduced. , Spot gold gained 0.3 percent to $2,321.70 an ounce after rising 0.8 … Read more