Gold Steadies After Steep Fall Triggered By Hawkish Fed

Gold prices were slightly higher on Thursday as easing geopolitical tensions offset pressure from a stronger U.S. dollar and higher Treasury yields. The move was modest and reflects a neutral mix of supportive and negative macro drivers rather than a clear trend change.

Analysis

Gold prices were slightly higher on Thursday as easing geopolitical tensions offset pressure from a stronger U.S. dollar and higher Treasury yields. The move was modest and reflects a neutral mix of supportive and negative macro drivers rather than a clear trend change.