Gold prices slip back below 1770, as dollar and treasury yields rise – Daily Market Brief, August 3, 2022

After four Federal Reserve presidents sounded the alarm about the need to curb inflation, the gold price fell. Treasury rates rose, real yields rose, and the US dollar strengthened as a result of the message. Equity markets have risen as a result of investors’ belief that the market was about to turn. Therefore, the tightening … Continue reading Gold prices slip back below 1770, as dollar and treasury yields rise – Daily Market Brief, August 3, 2022 →Read more