Fed Rate Hawks Crush Gold Price $150 to New 13-Month Low - BullionVault
Gold
AI desk brief
Gold fell $150 on Thursday to a reported 13-month low of $3,853/oz, while silver lost more than $2 and slipped below $50/oz. The declines accompanied hawkish Fed remarks, a stronger dollar and US 10-year Treasury yields above 5% for the first time in three weeks. CME FedWatch showed 94% odds of a quarter-point increase at the end-2026 decision and 6% odds of a half-point hike. Further tightening and dollar strength could pressure bullion, although the reported nominal-yield increase alone does not establish higher real yields.
Sources used
- S1 BullionVault via Google News β Fed Rate Hawks Crush Gold Price $150 to New 13-Month Low - BullionVault