Gold continues to see pressures from the bond markets on Monday, as we are watching both the gold chart, and the ten-year yield.
Gold: Macro headwinds cap CTA upside – TD Securities
Gold starts week under pressure as US-Iran stalemate and strong Dollar cap XAU/USD
Gold Price Forecast: XAU/USD dives to $4,500 amid simmering tensions in Iran
Friday's rally was pretty much erased in today's pre-market trading.
Gold and silver remain under pressure as a stronger U.S. dollar, higher oil prices, and Fed policy risks weigh on precious metals, while traders watch key breakout levels at $5,000 for gold and $89 for silver.
Saudi Arabia Gold price today: Gold falls, according to FXStreet data
Philippines Gold price today: Gold falls, according to FXStreet data
United Arab Emirates Gold price today: Gold falls, according to FXStreet data
Pakistan Gold price today: Gold falls, according to FXStreet data
India Gold price today: Gold falls, according to FXStreet data
Malaysia Gold price today: Gold falls, according to FXStreet data