Gold Futures Settle Higher As U.S. Treasury Yields Fall a Day After the Fed’s Policy Decision: MW

Gold futures ended sharply higher on Thursday, supported by a fall in U.S. Treasury yields in the wake of Wednesday’s decision by the Federal Reserve to taper bond purchases by $15 billion a month. December gold GCZ21, +1.67% rose $29.60, or 1.7%, to settle at $1,793.50 an ounce after posting a loss of 1.4% on Wednesday.

Source: https://www.marketwatch.com/story/gold-futures-settle-higher-as-us-treasury-yields-fall-a-day-after-the-feds-policy-decision-2021-11-04