Gold gains while Treasury yields rise and stocks decline on US fiscal concerns

Gold extended its rally for four consecutive days, driven by worries over US debt and Trump’s tax plan. As a result, treasury yields have reached an 18-month high, negatively affecting stock markets globally.

In response to fluctuating stocks, demand for safe-haven assets like gold has increased. In the midst of this financial uncertainty, Bitcoin has also fully recovered from last month’s decline, hitting a record value of 111,691 USD.

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