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Gold Prices Fall Despite Trade Uncertainties, Inverted Yield Curve
Gold costs were down on Wednesday in Asia even after the U.S. Treasury yield bend modified again and started stresses over a retreat.Gold prospects for December conveyance on the Comex division of the New York Mercantile Exchange were down 0.4% to $1,545.25 a troy ounce by 12:07 AM ET (4:07 GMT).
The yellow metal fell regardless of stresses over a worldwide financial log jam. The yield on the benchmark 2-year Treasury note tumbled to 1.526% medium-term, making a "reversed yield bend."
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