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NEW YORK SPOT METAL PRICES

April 2nd, 2024

Gold hit a new record this week, passing $2,265 even as bond yields hit fresh 2024 highs on Tuesday. The 10-year treasury yield touched 4.4 percent before retreating causing equities to plunge as hopes of a June rate cut begin to fade. The Dow is down 450 points, and the S&P 500 and Nasdaq are down about 1%. Despite rising yields, gold is up $20, trading near its record high and silver is up $0.80, trading at a 10-month high.