Gold prices retreat as Treasury yields climb, bank stress eases

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Gold prices retreat as Treasury yields climb, bank stress eases
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Gold and silver futures retreat on Monday as banking-system fears abated and yields on U.S. Treasury bonds climbed, robbing precious metals of some of the...

Gold and silver futures retreated on Monday as banking-system fears abated and yields on U.S. Treasury bonds climbed, robbing precious metals of some of the safe-haven luster that has helped to fuel a multi-week rally.

Whether... Gold and silver futures retreated on Monday as banking-system fears abated and yields on U.S. Treasury bonds climbed, robbing precious metals of some of the safe-haven luster that has helped to fuel a multi-week rally. Whether the precious metals continue to climb will depend on several factors, including how the financial system fares and whether the Federal Reserve interest rate cuts that are being priced in by futures traders actually happen, he added.

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