Gold falls 0.3% to $4,267.51 as oil, U.S. data bolster Fed outlook

  • Gold fell in early Asian trade as pressure persisted.
  • 0.3%: Spot gold traded at $4,267.51 an ounce.
  • ANZ Research analysts cited oil, U.S. data, Treasury yields and dollar strength.

Spot gold fell 0.3% to $4,267.51 an ounce in early Asian trade. Higher oil prices and resilient U.S. activity data are reinforcing expectations that the Federal Reserve (U.S. central bank) may keep monetary policy tighter for longer, while a renewed rally in Treasury yields and a stronger dollar are weighing on market sentiment, ANZ Research analysts said in a note.

本网站上的信息是使用AI生成的,我们无法保证其准确性。 请仅作为参考信息使用。