Gold's Rally Continues Amid Declining Treasury Yields and Investor Speculation
TL;DR Summary
Gold prices are slightly higher as U.S. Treasury yields decline, providing support for the gold and silver market bulls. Traders and investors are awaiting key U.S. economic data, including the U.S. employment situation report, while the U.S. dollar index is slightly down. Technically, gold and silver futures prices have shown signs of a near-term market top, but the bulls still have the overall near-term technical advantage. Copper prices closed slightly lower, with the copper bulls appearing exhausted.
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