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Biden’s presidency looks promising for gold, yet rising Treasury yields may limit gains

January 22, 2021@3:50 PM TFP Editor 0

GOLD rallied this week on the back of Janet Yellen's testimony to the US Senate and Joe Biden's inauguration as the 46th President of the United States. Dr Yellen in her confirmation hearing as the new Treasury Secretary forwarded the case for more fiscal stimulus to relieve the pandemic-battered US economy, indicating that she favoured much of President Biden's US$1.9 trillion package. Read on The Source