Gold’s Record Rally Pauses Due to Stronger Dollar, Higher Yields
Oct 24 2024, 01:18 Gold prices fell over 1% after hitting a record high on Wednesday, as a stronger dollar and a rise in U.S. Treasury yields countered support from safe-haven demand linked to the Nov. 5 U.S. election and Middle East war. Spot gold was down 1.2% to $2,714.55 per ounce as of 01:43…
