Gold Extends Gains to $4,400 as Treasury Yields Retreat

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Gold (XAU/USD) extends gains for the second consecutive day on Friday as the pullback in US Treasury yields has offset the negative impact of the hawkish hike delivered by the Federal Reserve (Fed) earlier this week. The metal appreciated to $4,400 as yields retreated.

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Gold extends gains to $4,400 as retreating Treasury yields offset the Fed's hawkish hike.

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