Gold stalls below $4,150 as rising US yields offset Fed relief
Gold (XAU/USD) prices drift lower on Monday as a strong US Dollar and high US Treasury yields undermine the precious metal, which has failed to rally as investors expect a less hawkish Federal Reserve (Fed) and have priced out a rate hike this month.
Original · FXStreet AI summary of public reporting
Why: Rising US yields and strong USD pressure gold
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At publication → CurrentGOLD4,143 → 4,191+1.2%