Gold prices (GC=F) soared to a new all-time high during Monday’s intraday trading session. This surge in the precious metal’s value comes amid an unusual scenario where the 10-year Treasury note yield (^TNX) is also rising, however small-cap stocks (^RUT) are lagging behind the broader market.
Yahoo Finance’s Jared Blikre breaks down the details, discussing how the ISM’s manufacturing PMI print has impacted markets.
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Editor’s note: This article was written by Angel Smith