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US 10-year Treasury yield

Gold pays no interest, so when bond yields (especially real, after-inflation yields) rise, holding gold costs more and it tends to soften. Falling yields and rate cuts are classic gold tailwinds.

Last5.154% - yesterday
Day+1.0%
1 month+1.3%
1 year+25.3%
52-week range3.962 - 5.364
3.964.414.865.31Nov 202513 Nov 2026

Why it matters

Gold pays no interest, so when bond yields (especially real, after-inflation yields) rise, holding gold costs more and it tends to soften. Falling yields and rate cuts are classic gold tailwinds.

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