Back to News
Market Impact: 0.4
Gold tests $4,311 support as Fed-hike odds hold near 66%
Source: kitco.com
InflationInterest Rates & YieldsMonetary PolicyEnergy Markets & PricesCredit & Bond Markets
Spot gold and silver are sharply lower in late-afternoon U.S. trading Tuesday, pressured by a surge in crude oil and a global bond selloff that lifted Treasury yields. The move reinforces expectations that the Fed could still raise rates this month. Overall, higher yields and tighter financial conditions are weighing on precious metals.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
mildly negative
Sentiment Score
-0.25
More News
- One Singapore ship was sunk, but here's why others are still transiting the Strait of Hormuz
- Order to limit Starshield for Ukraine came from inside White House: Reuters reports
- The IPO drought is driving private equity-owned companies to the debt market to pay investors
- CoreWeave credit default swaps hit distress levels as investors sour on AI debt
- BOE Chief Says Energy Shock Delays 2% Inflation Target
- Suddenly, Wall Street is worried that the U.S. economy is more ‘vulnerable’ than it looks