Gold’s weak attempts to rebound higher during last week's trading did not exceed the $1790 resistance level, and last Thursday's session was disastrous. In general, the rise in Treasury yields and the rise in the US dollar affected the trajectory of the precious metal. Many metrics indicate a possible recovery in the price of gold later in the second quarter, but investors may take a wait-and-see approach to global financial markets with the start of trading in May. The price of gold recorded a weekly loss of about 0.5%, yet it recorded gains in April of more than 2%. Since the beginning of the year 2021 to date, the ... (full story)