U.S. dollar gained ground against a broad basket of currencies as traders focused on rising Treasury yields. Stronger dollar is bearish for dollar-denominated commodities, including gold.Oil prices tested new highs, raising worries about inflation. U.S. plans to put maximum economic pressure on Iran, which means that the conflict could drag on for months. The Strait of Hormuz could remain closed, which is bullish for oil markets. Higher oil prices may put more pressure on gold as traders could focus on infl ...