Gold slides from recent rally amid higher yields
Gold futures fell to a nearly two-week low Monday, then losses deepened Tuesday as rising oil prices and a more hawkish Federal Reserve pushed Treasury yields higher.
Gold's powerful August rally is running into a new obstacle as rising oil prices and a suddenly more hawkish Federal Reserve push Treasury yields higher.
Gold futures fell to a nearly two-week low Monday, and losses deepened Tuesday, showing that even escalating Middle East tensions are struggling…