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Gold prices hit 14-month highs amid escalating tensions between Russia and Western powers over Ukraine. Demand for safety lifted Treasury notes, sending real yields lower and gold prices higher.
Gold Price Outlook: Falling Real Yields, USD Weakness to Buoy XAU/USD 2020-12-31 01:30:00 Daniel Moss, Analyst Gold Prices, US Real Yields, Inflation Expectations, Fiscal Stimulus, President-elect Biden – Talking Points: Falling real yields and rising inflation expectations may underpin gold prices in the medium term. The potential for additional fiscal stimulus in the New Year may also put a premium on the anti-fiat metal. A Bull Pennant formation hints at further upside for Bullion. Advertisement As ...