Gold suffering second-worst quarter in 18 years, as all goes awry for the metal – CNBC

Gold suffering second-worst quarter in 18 years, as all goes awry for the metal
CNBC
Meanwhile, as risk appetites have increased, the fixed income market has plummeted, leading to a massive surge in bond yields. Since gold is (at best) a nonyielding asset, higher rates in the bond market make gold a less attractive holding by comparison.

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