Gold Falls on U.S. Dollar and Yields Obstacles
Gold declined in early Asian trade, facing headwinds from a strong U.S. dollar and rising Treasury yields. Simon-Peter Massabni, head of business development at XS.com, noted these factors as key obstacles to gold's broader bullish trend, despite moderating inflation creating an opportunity.
Gold fell in early Asian trade. com, said the dollar and Treasury yields are the main obstacles to gold returning to its broader bullish trend. He added that moderating inflation creates an opportunity for gold, but economic resilience and elevated…