Gold slips near $4,500 as Oil rally and US yields weigh on bullion

Gold slips near ,500 as Oil rally and US yields weigh on bullion

Gold (XAU/USD) price extended on Friday its losses for the eighth straight day, poised to end the week down by more than 8.50% as Oil prices continued to rally, boosting the haven appeal of the Greenback. The jump in US Treasury yields and market participants’ pricing in no rate cuts by the Federal Reserve (Fed) […]