top of page

Title: Gold Down, U.S. Treasury Yields Up as Investors Await Interest Rate Hike

  • Writer: analysiswatch
    analysiswatch
  • Mar 14, 2022
  • 1 min read

Mar 14, 2022 01:02AM ET


By: AnalysisWatch


The gold price was lower in Asia on Monday morning. US Treasury yields increased in the anticipation of a rate hike in the US, while expectations of an eventual end to the dispute in Ukraine added further pressure on the yellow metal as a safe haven.

Gold futures dropped 0.25 percent to $1980.10 by 12:49 AM ET.


US Deputy Secretary of State Wendy Sherman said on Sunday that there may be indications that Russia is ready to start substantial discussions to end the dispute, even if combat resumes.


Yields on 10-year US government bonds rose to a near one-month high as the US Federal Reserve is broadly anticipated to hike interest rates when it makes its policy decision later this week.


In Asia-Pacific, the Bank of Japan will report its monetary policy decisions on Friday, while the Reserve Bank of Australia will publish the minutes of its latest meeting on Tuesday.


The Bank of England will also be releasing its monetary policy statement on Thursday.


In other precious metals, palladium declined 3.9% to $2,705.18 per ounce. It had reached a record peak of $3,440.76 the previous week as worries about supply disruptions from major producer Russia lingered.


Russian mining giant Nornickel succeeded in securing alternative routes for its palladium supplies, but logistical problems remain. Silver dropped 0.9 % and platinum was down 1.9 %.

 
 
 

コメント


2b94f773-a237-4da7-a599-6b42314ed9e6.png

Risk Disclosure: AnalysisWatch will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Currency trading on margin involves high risk, and is not suitable for all investors. Before deciding to trade foreign exchange or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.
AnalysisWatch would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore AnalysisWatch doesn’t bear any responsibility for any trading losses you might incur as a result of using this data.

bottom of page