Gold and Silver Crash as US 10-Year Treasury Yield Hits 19-Year High: What’s Next for Prices?
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Spot gold and silver extend losses to nearly 4% and 5% as the US 10Y Note Yield hits a 19-year high.
Higher yields and a stronger USD raised the opportunity cost of holding precious metals, erasing $1.2T.
The key question now is whether this is a trend reversal, liquidity sell-off, or move to key support levels.
Gold (XAU/USD) and silver (XAG/USD) are facing sharp selling pressure as the US 10-Year Treasury yield rises to a fresh 19-year high, with the precious metals falling nearly 4%
Higher yields and a stronger USD raised the opportunity cost of holding precious metals, erasing $1.2T.
The key question now is whether this is a trend reversal, liquidity sell-off, or move to key support levels.
Gold (XAU/USD) and silver (XAG/USD) are facing sharp selling pressure as the US 10-Year Treasury yield rises to a fresh 19-year high, with the precious metals falling nearly 4%
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