Gold is posting modest intraday in advance of Wall Street’s close, bouncing from an intraday low of 1,783.44 and trading under the important 1,800 threshold. Demand for the dollar eased as yields retreated in addition. The yield on the ten-yr Treasury note presently stands at 1.54%, at the same time as that on the two-year word ticked better, now at 0.50%. The yield curve is flattening, normally a touch of a price hike cycle.
