Gold Prices Edge Higher as US Treasury Yields Decline
Gold prices have surged as US Treasury yields decline, marking a welcome respite for investors seeking refuge from inflation and geopolitical risks. On September 22, 2026, spot gold rose by 0.3 percent to $4,357.31 per ounce in Singapore.
The gain is modest but notable given the prevailing market sentiment. The increase in gold prices comes as US Treasury yields retreated for the second consecutive session. This shift in interest rates could provide a reprieve for gold investors who had been apprehensive about rising rates.
US gold futures for December delivery also climbed 0.3 percent to $4,395. Among other precious metals, spot silver rose by 0.7 percent to $66.48 per ounce, platinum increased by 0.8 percent to $1,811.28, and palladium gained 0.7 percent to $1,309.78.