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Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher Amid Falling Treasury Yields
Gold is moving higher as traders focus on weaker dollar, falling Treasury yields, and lower oil prices. U.S. dollar pulled back against a broad basket of currencies despite strong Non Farm Payrolls report. The report showed that U.S. economy added 115,000 jobs in April, exceeding the analyst forecast of 62,000. Weaker dollar is bullish for gold as it makes the metal cheaper for buyers who have other currencies. Treasury yields pulled back after yesterday’s rebound. The yield of 2-year Treasuries declined below the 3.90% level, while the yield of 10-year Treasuries settled near 4.36%. Falling Treasury yields ... (full story)
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- May 9, 2026 11:09am Posted byTechnical Analysis168
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