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Today's market and strategy analysis
Abstract：On Friday, gold prices surged to a two-week high during North American trading as U.S. Treasury yields declined. Geopolitical factors continued to play a role, while an improvement in U.S. business ac
On Friday, gold prices surged to a two-week high during North American trading as U.S. Treasury yields declined. Geopolitical factors continued to play a role, while an improvement in U.S. business activity provided a boost for non-yield metals. Gold traded at $2,710, up 1.50%.
Gold soared amid a slight decline in U.S. Treasury yields. The U.S. 10-year Treasury yield fell two basis points to 4.40%, serving as a tailwind for gold prices, which rose more than 5% last week.
Gold opened at around 2714 and rose to around 2721at the highest and around 2689 at the lowest before press time.Pay attention to the resistance of 2730-2740-2750 If it fails to break through, it will test 2700-2690-2680
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