Gold futures head lower Wednesday for a second session, failing to hold above the key $1,800 level after Federal Reserve Chairman Jerome Powell tried to placate markets that had grown skittish about a rapid rise in bond yields as the economy attempts to recover from the COVID-19 pandemic.
Gold futures head lower Wednesday for a second session, failing to hold above the key $1,800 level after Federal Reserve Chairman Jerome Powell tried to placate markets that had grown skittish about a rapid rise in bond yields as the economy attempts to recover from the COVID-19 pandemic.