Gold Falls, Weighed by Mideast Conflict, Stronger Dollar
Gold fell in the early Asian trade. Sentiment was likely weighed by escalating tensions in the Middle East, a stronger U.S. dollar and rising bond yields, ANZ Research said.
Gold tests $4,311 support as Fed-hike odds hold near 66% - Kitco PM Report
Spot gold and silver prices are sharply lower in late-afternoon U.S. trading Tuesday, as a surge in crude oil prices and a global bond selloff pushed Treasury yields higher and reinforced expectations that the Fed may still raise rates this month.
Gold Price Outlook: What Gold Did When The Shooting Resumed
Gold broke below $4,500 and kept falling even as U.S.-Iran fighting resumed, highlighting the pressure from a stronger dollar, higher oil prices and a hawkish Fed outlook.
Long-term gold price remains supported by commodity-led inflation - Saxo Bank's Hansen
After seeing its biggest monthly gain since the start of the year, the gold market is starting September on the back foot as prices test support near $4,350 an ounce.
Gold price slides as hike odds near 70%, testing strategist's key level from a day earlier
Blue Line Futures' Phil Streible told Kitco News on Monday that a close below 4,350 would change his mind on gold. It touched 4,325 on Tuesday morning
Gold price at risk of pullback to $4,215/oz as short-term momentum fades – World Gold Council
The Treasury Department and the Federal Reserve are sending mixed signals to the market, but recent events have been net negative for gold on balance, with prices retreating and bond yields on the rise across the globe, according to the World Gold Council (WGC).
Gold prices remain down as U.S. JOLTS highlight ongoing weakness in labor market
The gold market remains under pressure, testing support around $4,350 an ounce even as the U.S. labor market continues to lose momentum, with the number of available jobs remaining uninspiring.
Gold Price Hits 10-Day Low as Rising Yields Test Support
Gold markets are dropping early on Tuesday, as rates continue to rise in America and beyond. The market has reached a fresh 10-day low as rate repricing puts pressure on the non-yielding asset.
Gold price hits two-week low as Warsh repricing, oil shock lift yields - Kitco AM Report
Spot gold and silver prices are sharply lower in early U.S. trading Tuesday, pressured by a global bond selloff, firmer U.S. dollar and rising oil prices as traders priced a higher probability of a September Fed rate hike.
Gold Rises; Jackson Hole Speech May Limit Near-Term Upside
Gold rose. The macro environment has become more supportive with softer U.S. data, easing yield pressures and a less consistently strong U.S. dollar which helps precious metals regain momentum, OCBC said.
Gold price slips as oil spike, Fed-hike odds hit risk appetite - Kitco PM Report
Spot gold prices are slightly lower and spot silver prices are modestly higher in late-afternoon U.S. trading Monday, as renewed U.S.-Iran military escalation lifted oil prices, pushed long-end Treasury yields higher and kept pressure on non-yielding metals after Friday's hawkish Fed shock.
Treasury's ramped-up bond buybacks soften the U.S. dollar and boost the gold price – Julius Baer
The Treasury Department's doubling of planned U.S. debt buybacks has intensified debate about bond market intervention and has revived the USD debasement trade, with gold and silver benefiting from a renewed focus on the fiscal position of the United States, according to analysts at Julius Baer.
