Gold futures rally over 3% as Treasury yield surge halts.

December Gold futures broke sharply higher, rallying over $45.50 and gaining more than 3% as long-dated bond sell-offs eased and investor demand accelerated. Broader precious metals tracked gold higher, with September Silver futures capturing $66 per ounce and October Platinum futures rising near $1,800 per ounce. In interest rates, the U.S. Treasury announced increased auction sizes for nominal long-ended debt, placing upward pressure on bond issuance as 30-Year yields stabilized near two-decade highs. Meanwhile, September Copper futures steadied after session gains, supported by 35,000 tons of warehouse inflows that helped relieve recent supply tightness.