Back to News
Market Impact: 0.25
Gold Falls Again As Dollar Rises On Rate Hike Bets
Source: Nasdaq
Commodities & Raw MaterialsEnergy Markets & PricesMonetary PolicyInterest Rates & YieldsCurrency & FX
Gold prices declined on Wednesday as a firm U.S. dollar and expectations for another Federal Reserve rate increase this year weighed on the non-yielding precious metal. The move reflects renewed hawkish-rate expectations, which support the dollar and raise the opportunity cost of holding gold.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
mildly negative
Sentiment Score
-0.30
More News
- US launches task force to disrupt Iran’s land-based supply routes
- Saudi Aramco building in Riyadh damaged after attempted attack
- CoreWeave seeks truce with Texas Governor-elect Hinojosa
- Cathie Wood 'always feels better when the market is worried' — here's why
- Risk of Iran war escalation remains high despite Democratic sweep in U.S. midterm elections
- Iran’s IRGC says building underground sites for weapons production, storage