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Gold, silver slip as oil spike keeps Fed-hike trade alive

Source: kitco.com

Commodities & Raw MaterialsEnergy Markets & PricesInterest Rates & YieldsInflationEconomic Data
Gold, silver slip as oil spike keeps Fed-hike trade alive

Spot gold and silver fell in early U.S. trading as higher oil prices and elevated Treasury yields increased pressure on non-yielding precious metals. Markets are positioning ahead of this week's U.S. inflation reports, which could influence the interest-rate outlook and metals pricing.

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Market Sentiment

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mildly negative

Sentiment Score

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