Gold slides as US PPI reinforces Fed hike expectations, US Dollar and yields rise

Fed-and-SEC desk, TradeNews USA (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).

September 10, 2026 4:50 AM ET · FXStreet

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.

Read at source