Gold prices near one-month peak as yields, equities slide
Updated : March 26, 2019 07:33 AM IST
Spot gold was unchanged at $1,321.74 per ounce as of 0123 GMT, after touching its highest since Feb. 28 at $1,324.33 in the previous session.
Benchmark 10-year Treasury yields fell to their lowest levels since December 2017 on Monday while the yield curve inverted further as investors evaluated last week’s dovish pivot by the Federal Reserve.
Germany's benchmark 10-year bond yield slid back into negative territory on Monday as worries over Brexit saw investors rushing for safe-haven assets, tempering the impact of a surprise rise in business sentiment which lifted yields earlier in the session.
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