Gold steadies after sharp sell-off as Fed rate hike expectations persist
Gold stabilises near $4,154 after Monday's sharp decline, with traders weighing further Fed rate hikes and ongoing Middle East tensions that keep oil prices elevated.
Gold Market
Tagged: federal reserve
Gold falls Rs 4,300 per 10g in two days on inflation fears
Gold prices dropped around Rs 4,300 per 10 grams over two trading sessions on the MCX, as higher crude oil prices fuelled inflation worries and strengthened the case for additional US Federal Reserve rate increases.
Gold slides over 3% as Iran rejection lifts oil and inflation fears
Gold fell more than 3% on Monday after the US rejected an Iranian proposal to ease regional tensions, pushing oil prices higher and reigniting inflation fears that strengthened expectations for a more hawkish Federal Reserve.
Fed tightening bets and rising oil prices push gold lower
Gold prices declined on Monday as a rebound in oil prices heightened inflation concerns and strengthened the case for additional Federal Reserve rate increases.
Gold slides at week open as $4,200 support comes under pressure
Gold fell roughly 2% on Monday as it challenged the $4,200 support level. The decline was driven by geopolitical tensions and rising expectations of a Federal Reserve rate hike, which supported the US dollar.
Gold edges up Friday but heads for weekly loss on rate hike bets
Gold prices edged higher on Friday but are set for a weekly decline of 2.1% as rising US Treasury yields and expectations of further Federal Reserve rate increases dampened investor appetite.
Gold under pressure as rising real yields punish the metal
Gold has fallen almost a quarter from its January high as US Treasury real yields rise. The metal is competing with bonds that now pay more above inflation, and the trend may continue until the Fed stops raising its rate forecasts.
Gold slides to one-week low as dollar and yields strengthen
Gold fell to a one-week low on Thursday as a stronger US dollar and rising bond yields reduced the metal’s appeal. Higher oil prices added to the headwinds.
Gold holds above $4,250 as old link to yields weakens
Gold has been stuck between $4,250 and $4,400 per ounce. The usual negative correlation with Treasury yields has broken down, as US fiscal concerns and central bank buying support the metal.