André Dubuc
Le billet vert a son plus bas en 30 mois
Dernière mise à jour : 14 janv. 2021
Futures for gold on Wednesday finished solidly higher as precious metals traded against a backdrop of a weaker U.S. dollar and steady benchmark government bond yields.
The competing factors for bullion—dollar weakness that has provided recent support and rising debt yields that can undercut appetite for haven metals—has gold values hemmed to a relatively tight $1,800-$1,900 range around in December.
The U.S. currency as measured by the ICE U.S. Dollar index DXY, -0.40%, a gauge of the unit against a basket of a half-dozen currencies, was trading, off 0.3%, at 89.707, representing its lowest level since April of 2018. Meanwhile, the 10-year Treasury note yield TMUBMUSD10Y, 0.927% was holding around 0.94%, offering some potential competition for investors seeking safe-haven assets, wrote Marios Hadjikyriacos, investment analyst at XM, in a daily note.