Gold price extended its rebound beyond $1,920 in the American session on Monday. The benchmark 10-year US Treasury bond yield stays in negative territory near 3.8% following the Manufacturing PMI report, helping XAU/USD continue to stretch higher.
XAUUSD jumped to $1,931 but failed to hold above $1,930. It is currently hovering around $1,926, up for the second consecutive trading day.
XAUUSD jumped to $1,931 but failed to hold above $1,930. It is currently hovering around $1,926, up for the second consecutive trading day.
Comment:
GOLD is up
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