Saturday, 7 November 2026
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National Trade News capital-markets note (2026-09-10): Gold (XAU/USD) trades with a downside bias on Thursday as a steady US Dollar (USD), rising US Treasury yields and Federal Reserve (Fed) rate-hike expectations… Primary source: original at FXStreet (fxstreet.com).
Gold slides as US PPI reinforces Fed hike expectations, US Dollar and yields rise
Gold (XAU/USD) trades with a downside bias on Thursday as a steady US Dollar (USD), rising US Treasury yields and Federal Reserve (Fed) rate-hike expectations weigh on the precious metal, while traders also assess the latest US Producer Price Index (PPI) data.