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Gold Prices Surge as U.S. Treasury Yields Ease
Gold surged while Bitcoin faced a decline; midcaps rose amid easing U.
U.S. Treasury yields eased on December 16 as investors priced in a potential 25bps rate cut by the Federal Reserve in December, with markets expecting further cuts in 2026. Meanwhile, gold prices rallied, inching closer to all-time highs, with a 0.2% increase. Silver also gained, and Bitcoin experienced a 3.1% drop to $85,806.