Gold tumbles with near-term outlook threatened by rising bond yields (GLD:NYSEARCA)

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Jan. 13, 2025 6:10 PM ETSPDR® Gold Shares ETF (GLD), GDXIAU, SLV, SIL, SGOL, SIVR, GDXJ, PHYS, PSLV, NUGT, RING, OUNZ, SILJ, BAR, GLDM, AAAU, XAGUSD:CUR, XAUUSD:CURBy: Carl Surran, SA News Editor
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Gold futures turned lower Monday with global bond yields increasing and continued strength in the dollar, after last week’s blowout jobs prompted various economists at major banks to pare back forecasts for additional U.S. rate cuts.

The yield on the


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