Gold Price Clings to $1200 as ETFs Shrink, Bond Yields Rise, US Jobless Rate Hits Half-Century Low

/ Financial Sense / By

By Adrian Ash

By Adrian Ash – Gold prices clung to the $1200 level yet again on Friday, heading for a $10 weekly gain as world stock markets fell and long-term U.S. interest rates rose to new seven-year highs. Ten-year U.S. Treasury bond yields held at 3.20% after data from

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From:: Financial Sense