Gold Prices Are Recovering

Gold prices attracted greater safe-haven demand and now are into recovery mode during the Asian trading hours.

It was noticed that most traders and investors turned once again their attention away from risky investments and became more interested into the safe assets such as the precious metals.

Now, gold trades at $1510.46, which is a minor decline of 5.48 or 0.36% from the previous close of  1515.94.

The daily range is from 1507.75 to 1524.15, while the trading volume is 185.349K.

In reality, global markets lost some ground after the yield on the 30-year U.S. bond market a historic bottom.

Meanwhile, the yields on the German 10-year bond and the French 10-year OAT also entered into massive retraction