Gold slides as strong US PMI data gives Fed room to raise rates again - fxstreet.com
Why now
Thesis: Strong PMI reduces gold's safe-haven appeal
Catalyst to watch: Fed rate hike expectations and dollar strength
Main risk: Gold may decline further if yields rise
Why it matters
Strong PMI revives Fed hike odds, raising real yields and reducing gold's appeal.
Sources
- googlenews · news.google.com · 2026-09-23 15:57 UTC