Gold Prices Face Resistance Amid Rising Bond Yields and Economic Concerns
TL;DR Summary
Gold and silver prices are slightly down as U.S. Treasury yields rise and the U.S. dollar index hovers near a 6.5-month high. Traders and investors are in a risk-off mood due to the potential for a U.S. government shutdown. The overall near-term technical advantage is with the bears in both the gold and silver markets.
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