United States 7-Year Note Auction declined to 3.781% from previous 3.79% | FXStreet

Gold has shaken off Tuesday’s minor pullback and is back on the rise, pushing above $4,170 per troy ounce to reach fresh two-week tops. The move comes as markets continue to price in the prospect of additional Fed rate cuts. Even so, the climb is facing some resistance, with US Treasury yields ticking higher and making buyers a bit more cautious for now.