Gold futures were little changed early Wednesday, with upside seen capped as Treasury yields jump ahead of expected details on the Federal Reserve's plans to...
Gold futures were little changed early Wednesday, with upside seen capped as Treasury yields jumped ahead of expected details on the Federal Reserve’s plans to shrink its balance sheet.
“With... Gold futures were little changed early Wednesday, with upside seen capped as Treasury yields jumped ahead of expected details on the Federal Reserve’s plans to shrink its balance sheet. “With real yields powering higher and the dollar slicing through its competitors, it is quite surprising that gold prices have stood their ground,” said Marios Hadjikyriacos, senior investment analyst at XM, in a note.
Read: Markets are hankering to find out the Fed’s plan to shrink its $9 trillion balance sheet. They should get their wish Wednesday
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