Gold Stabilizes Above $4,300 as Rising Yields Weigh on Prices

Gold prices have stabilized above $4,300 after breaking below this level, but remain under pressure from rising Treasury yields and a stronger US dollar.

The recent move has been dominated by higher interest-rate expectations, which has reduced demand for gold as investors shift towards yield-generating assets.

Rising bond yields have increased the opportunity cost of holding non-yielding assets like gold, limiting its appeal in the current market environment.