Gold slides as US PPI reinforces Fed hike expectations, US Dollar and yields rise - FXStreet
Why now
Thesis: Hot PPI lifts dollar and yields, pressuring gold
Catalyst to watch: Further inflation data and Fed hike signals
Main risk: Softer inflation could reverse gold decline
Why it matters
Hotter PPI reinforcing rate-hike expectations lifts the dollar and yields, raising the opportunity cost of holding gold and pressuring its price.
Sources
- googlenews · news.google.com · 2026-09-10 13:29 UTC