Rising Yields Are Bad for XAU/USD

Higher U.S. Treasury yields and renewed dollar strength are weighing on gold prices.

A renewed dollar strength is another headwind.

Rising U.S. Treasury yields and a stronger dollar put downward pressure on gold.

The market expects the Fed to raise interest rates by 25 basis points. If this materializes, real yields will rise further as inflation slows, as higher yields increase the opportunity cost of holding gold.

foreign exchange

fxcurrencyconverter is a forex portal. The main columns are exchange rate, knowledge, news, currency and so on.

© 2023 Copyright fxcurrencyconverter.com