Gold rises above $4,400 as yields ease, oil softens
Gold moved above $4,400/oz, supported by lower Treasury yields and easing oil prices, according to market talk.
Gold prices rose above the $4,400-an-ounce level, supported by lower Treasury yields and easing oil prices. Gold's resilience is notable, the source said, given that the Fed has just begun a new hiking cycle and the dollar remains relatively firm, suggesting continued demand from investors less sensitive to the trad…