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Gold slides below $4,100 as FOMC Minutes signal further Fed hikes

Gold price fell below $4,100 after FOMC Minutes signaled further Fed rate hikes, pressuring the metal on the downside before it reclaimed the level as US Treasury yields turned negative.

Original · FXStreet AI summary of public reporting

Why: FOMC Minutes signal further Fed hikes → gold pressured

GOLD
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Prices since publication

At publication → Current
GOLD4,109 → 4,191+2.0%
Gold slides below $4,100 as FOMC Minutes signal further Fed hikes | SignalHub