US bond yields hit a new high for more than three months, and gold prices were under slight pressure, waiting for non-agricultural data | Financial Investment Know-hows | Bahtbag
In the Asian session on Friday (October 8), spot gold remained stable around 1755. On Thursday (October 7), the gold price fell slightly, and the number of initial jobless claims fell more than expected last week, which boosted US bond yields and triggered bets that the Federal Reserve may soon begin to reduce economic support. At the same time, the rise of the stock market also hit the risk aversion, which is also bad for the gold price.













