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.
Gold Market
Tagged: Treasury yields
Gold steadies near one-month low as US yields climb ahead of Fed
Gold trimmed its intraday losses on Tuesday but remained under pressure from a rising US Dollar and multi-year high Treasury yields as markets awaited a widely expected Fed interest rate hike.
Gold holds losses as oil disruption fuels Fed rate hike bets
Gold traded around $4,290 an ounce after falling to a five-week low, as Middle East oil disruptions reinforced expectations of a Federal Reserve rate hike this week.
Gold slips as oil gains and Treasury yields pressure prices
Gold declined on Tuesday as rising crude oil prices and benchmark Treasury yields near 5% reinforced expectations of elevated interest rates ahead of the Fed's decision.
Gold slides as 10-year Treasury yield tops 5% ahead of Fed decision
Gold fell 0.85% on Monday, hitting a one-month low of $4,253, as the 10-year US Treasury yield climbed above 5% for the first time since 2023 and the US Dollar strengthened. Markets await the Federal Reserve's policy decision on Wednesday.
Gold jumps 2% after Fed’s Waller signals rate hold on cooling inflation
Gold prices jumped more than 2% after Fed Governor Christopher Waller signalled support for keeping rates unchanged if inflation continues to cool. Lower Treasury yields and a weaker dollar added to the rally.
Gold steadies above $4,300 but rate-hike expectations weigh
Gold has climbed back above $4,300 after a sharp 2.7% fall, helped by a pullback in Treasury yields, though rising Fed rate-hike bets and a firmer dollar cap the rebound.
Gold hits two-week low as Treasury yields and dollar strengthen
Gold prices dropped to a two-week low on Wednesday, pressured by rising Treasury yields and a strengthening dollar. Market attention now turns to upcoming US jobs data for signals on interest rates.
Gold slides 2.3% as US-Iran strikes lift oil and bond yields
Gold (XAU/USD) dropped more than 2.3% on Tuesday as escalating US-Iran strikes pushed oil above $90 and the 10-year Treasury yield to 4.792%, swamping mixed US data.