Gold Futures Fall 24% From January Peak as TIPS Rates Rise to 2.2%
Gold futures declined 0.15% to close at $4063.42 per ounce on local time May 15, marking approximately 24% below the January 29 peak of $5354.8 per ounce. The decline followed rising US 10-year TIPS rates, which increased from 1.7% to 2.2% since March, and a strengthening dollar index that climbed f
LucasBennett·5m ago
