Gold Could See a ‘Shinier Q4’ Despite 20-Year Bond Yield Highs, FOREX.com Analyst Says

Gold is wrapping up the third quarter on a weak note after an August rebound, as surging bond yields weigh on the non-yielding asset. Prices target a modest 4% quarterly gain while holding above $4,100 an ounce after highs near $4,700, with 10-year yields rising 87 basis points to 5.27%.