Justin Low, an analyst at investinglive, a US financial website, said that all the views on gold have long been said. There is no sign of a correction in this round of rallies. The price of gold has surged more than 300 US dollars since the beginning of this week, and the market is wild. Gold is expected to achieve a full red for five consecutive days throughout the week. Gold prices fluctuated again during the Asian session, with the price of gold falling back to $4,280 at one point. But now buying is pouring in quickly, pushing the price of gold back to around $4,370. Trade tensions remain the focus of continued fermentation this week, but the bond market is also showing new movements.
The analyst had warned earlier this week that the market was at a critical turning point, and signs are starting to emerge as trading closes this week. The 10-year Treasury yield is trying to break through the 4% mark strongly, which may herald a major shift in market sentiment. So as you head into mid-to-late October trading, it is important to be vigilant for fluctuations in other related assets in the market. (Jin Ten)
Institution: The decline in US bond yields has begun, indicating a major shift in market sentiment
2025-10-17 06:14:55
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