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(Kitco News) – Gold prices fell sharply this week as early pressure from rising Treasury yields, a stronger U.S. dollar, and renewed Fed rate-hike expectations overwhelmed safe-haven demand, and even Friday’s weak payrolls report couldn’t deliver a sustainable boost.Spot gold kicked off the week trading at $4,277.90…
Gold prices are poised for their second consecutive weekly decline, driven by the strengthening US dollar and escalating Treasury yields. Investors are keenly anticipating vital US payroll figures that could sway the Federal Reserve
Gold steadied on Friday but remained on track for a second straight weekly decline, pressured by a firmer US dollar and elevated Treasury yields, as investors awaited key US payrolls data for clues on the Federal Reserve's policy path.