Gold price falls below $4,600 as rising US Treasury yields and delayed Fed rate cut expectations exert pressure

Gate News Report, March 19 — Recently, gold prices fell below the $4,600 mark. Market analysis suggests that the surge in U.S. Treasury yields (a measure of bond investment returns) and the Federal Reserve’s (U.S. central bank) delay in interest rate cuts are the main factors putting pressure on precious metal prices.

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