Spot gold holds near $4,124 after testing support
Spot gold was about $4,124 late Tuesday, with a daily range of $4,104 to $4,152, as traders weighed a potential technical bounce against pressure from high US Treasury yields.
Spot gold was about $4,124 late Tuesday, with a range of $4,104 to $4,152 for the day. The market remains caught between the prospect of a technical bounce and continued upside pressure from high US Treasury yields. Gold recovered as yields and the dollar weakened, though the market is nervous…