Gold Holds Near Six-Month Low as Treasury Yields Steady and Dollar Firms on Hot Inflation, Geopolitical Risks, and Fed Tightening Bets

Gold prices held nearly steady on Thursday after touching a six-month low, as a softer-than-expected U.S. jobs report provided some support for the precious metal. However, persistent inflationary pressures and renewed Middle East tensions kept overall sentiment cautious ahead of next week’s Federal Reserve meeting under new Chair Kevin Warsh. Spot gold was little changed […] The post Gold Holds Near Six-Month Low as Treasury Yields Steady and Dollar Firms on Hot Inflation, Geopolitical Risks, and Fed Tightening Bets appeared first on Tekedia.

  Business   Jun 12, 2026   0   8  Add to Reading List
Gold Holds Near Six-Month Low as Treasury Yields Steady and Dollar Firms on Hot Inflation, Geopolitical Risks, and Fed Tightening Bets

Gold prices held nearly steady on Thursday after touching a six-month low, as a softer-than-expected U.S. jobs report provided some support for the precious metal. However, persistent inflationary pressures and renewed Middle East tensions kept overall sentiment cautious ahead of next week’s Federal Reserve meeting under new Chair Kevin Warsh. Spot gold was little changed […]

The post Gold Holds Near Six-Month Low as Treasury Yields Steady and Dollar Firms on Hot Inflation, Geopolitical Risks, and Fed Tightening Bets appeared first on Tekedia.

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