Gold price shines on falling US Treasury yields

Consequently to the turmoil, the Gold price is recovering and has rallied in four of the past five trading sessions. Last year, higher interest rates made it more appealing to hold government bonds over gold, since the latter doesn't pay any regular income. However, a jolt of uncertainty among investors is seeing the yields paid on government debt tanking. The yield curve, as a result, narrowed its inversion further, with the gap between two-year and 10-year yields contracting to -28.60 bps and the tightest spread since October.