Gold prices move sideways amid US bond yield fluctuations

Gold prices remained steady near $4,000 per ounce on October 11, supported by falling U.S. bond yields and heightened geopolitical tensions that kept investors cautious. The metal’s stability reflected persistent safe-haven demand as traders weighed global risk factors and monetary policy uncertainty. Analysts said gold is likely to remain well-supported in the near term, with geopolitical developments and inflation expectations continuing to drive sentiment.