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Spot gold fell intraday 4%, while the U.S. 10-year Treasury yield rose to 5.27%。
⚡️Spot gold fell intraday 4%, while the U.S. 10-year Treasury yield rose to 5.27%BlockBeats news,September 28, according to Bitget market data, the intraday decline in spot gold widened to 4%, currently at 4113.68 USD/ounce.
The U.S. 10-year Treasury yield rose 10 basis points intraday, reaching 5.27%.
Original link https://m.theblockbeats.info/flash/369414
BlockBeats reported that September 28 the intraday decline in spot gold widened to 4%。
Spot gold is currently at 4113.68 USD/ounce.
The U.S. 10-year Treasury yield rose intraday by 10 basis points, reaching 5.27%。
The above market data was provided by Bitget market data.
The following is analysis, separate from reported facts. Verify important claims independently.
This means that during the period covered by the report, the spot gold price fell, while the U.S. 10-year Treasury yield rose. The source did not specify the exact reasons, nor did it establish a causal relationship between the two.
Gold prices and U.S. long-term Treasury yields both showed significant intraday movements, and market participants may need to continue monitoring subsequent changes in prices and yields.
A fall in the gold price means that the quoted price per ounce of gold decreased; a rise in the Treasury yield means that the yield on the bond increased. The figures here are market data from the time of the report.
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