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Gold prices reach record high amid rising bonds, small-caps slump


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.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.

Editor’s note: This article was written by Angel Smith



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