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commodities Bearish

Gold prices drop over 2%, slide to 2-month low as Treasury yields, US dollar climb

Livemint 7 October 2026 at 08:29 pm 1 min read 7 views Read Original
Gold prices drop over 2%, slide to 2-month low as Treasury yields, US dollar climb

Gold prices fell 2.3% to $4,066 per ounce, marking a two-month low. Rising Treasury yields and a strong US dollar contributed to this decline. Investors await the FOMC minutes for insights on Fed policy amid inflation concerns and potential rate hikes.

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