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Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Traders Focus On Fed Policy Outlook
FX Empire· 2026-07-29 02:02
Treasury yields moved lower as bond traders focused on the sell-off in the oil markets. The yield of 2-year Treasuries pulled back towards the 4.27% level, while the yield of 10-year Treasuries settled near 4.60%. Falling Treasury yields did not provide support to gold markets as traders focused on longer-term Fed policy outlook.U.S. dollar pulled back against a broad basket of currencies as forex traders reacted to the pullback in Treasury yields. Weaker U.S. dollar is bullish for dollar-denominated commod ...