Gold rises as investors await US and Chinese leaders' meeting
NewsBytes | May 14, 2026 6:40 PM CST
Falling yields and inflation boost gold
Falling US Treasury yields have made gold more appealing since it doesn't pay interest.
Rising inflation in the US is also in focus: producer prices just saw their biggest jump in four years, making rate cuts less likely this year.
Over in India, higher import taxes have led to weak demand and big discounts on gold.
Meanwhile, President Xi Jinping warned that Taiwan tensions could escalate fast, reminding everyone why investors see gold as a safe bet during uncertain times.
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