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Gold gains after multi-session selloff as US dollar, yields retreat

Gold prices edged up on Thursday, getting a reprieve after declining in the previous eight consecutive sessions, as U.S. bond yields and the dollar stepped back from highs ahead of a keenly awaited. -October 04, 2023 at 09:14 pm EDT - MarketScreener

multi-session selloff: Gold gains after multi-session selloff as US dollar, yields retreat

A broad selloff in world government bonds on Wednesday drove up U.S. 30-year Treasury yields to 5% for the first time since 2007 and German 10-year yields to 3%, which could hasten a global slowdown and hurt stocks and corporate bonds.

Commodities : Copper heads for fourth straight fall on high inventory - Today

Copper prices were on track for a fourth straight session of declines, pressured by rising inventories, but trading volumes were tepid as top consumer China is on holiday. Three-month. -October 05, 2023 at 02:30 am EDT - MarketScreener

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