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Gold extends slide as 10-year Treasury clears 3% and dollar firms

“Gold futures prices retreated Tuesday as a key Treasury yield reclaimed ground above 3% and the dollar firmed, setting the yellow metal on track for a sixth loss in seven sessions” writes Rachel Koning Beals for marketwatch.com. With rates rising, the stock market looking like the worst may be behind it, and the dollar strong, why isn’t gold $100 lower?.
 
Source: marketwatch.com



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