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08 Oct 2026 · 13:55 GMT+3

Gold gains modestly as US Treasury yields ease, Fed hike risks linger

Gold (XAU/USD) holds modest gains on Thursday as a retreat in US Treasury yields tempers the US Dollar’s (USD) strength, helping the metal regain some ground. However, Gold lacks bullish conviction and remains in a bearish consolidation phase near two-month lows.

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