Gold slides as rate hike expectations boost Treasury yields to multiyear highs (GLD:NYSEARCA)
· seekingalpha.com
Gold futures fell sharply as the US dollar strengthened and Treasury yields rose, as Federal Reserve policymakers reaffirmed support for last week’s rate hike and warned of inflation risks.
Gold futures fell sharply Wednesday as the U.S. dollar strengthened and Treasury yields rose to multiyear highs, with Federal Reserve policymakers reaffirming s...