Commodities
Gold Prices Rise as Debt Worries Trump High Yields
Gold prices are rising as investors weigh mounting U.S. debt worries and a softer dollar.
The recovery in bullion points to renewed haven demand amid lingering fiscal uncertainty, with Treasury yields remaining elevated.
Market participants are now watching whether bond market pressures will continue to shape the metal's trajectory.
The weaker dollar makes gold more affordable for holders of other currencies, which can support demand.