BNB$676.86-1.31%BRENT$87.29-0.62%BTC$77,711-1.93%COPPER$6.61+0.20%DJI$53,464-0.21%DOGE$0.0841-1.44%DXY99.12-0.05%ETH$2,396-1.99%GOLD$4,620+0.58%NDX$29,225+0.05%SILVER$68.84+1.09%SOL$91.24-2.07%SPX$7,676-0.02%US10Y4.66+0.54%VIX15.21-1.55%BNB$676.86-1.31%BRENT$87.29-0.62%BTC$77,711-1.93%COPPER$6.61+0.20%DJI$53,464-0.21%DOGE$0.0841-1.44%DXY99.12-0.05%ETH$2,396-1.99%GOLD$4,620+0.58%NDX$29,225+0.05%SILVER$68.84+1.09%SOL$91.24-2.07%SPX$7,676-0.02%US10Y4.66+0.54%VIX15.21-1.55%
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·Confidence 90%

Gold Prices Decline 1% to $4,590 Amid Rising US Inflation

Gold ↓ Moderate

Key takeaways

  • Gold: Gold — Moderate bearish
  • Gold has fallen 1% to $4,590 as increasing US inflation and Treasury yields strengthen the dollar, impacting gold's attractiveness as a safe haven.

Analysis

Gold has fallen 1% to $4,590 as increasing US inflation and Treasury yields strengthen the dollar, impacting gold's attractiveness as a safe haven.

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