TODAY'S MARKET INTELLIGENCE
Gold Fails to Rally Despite Falling US Bond Yields as Energy Inflation and Strong Dollar Weigh on Prices
English summary
Spot gold fell to around 4106 on Tuesday, hitting a four-day low. Despite a marginal decline in US bond yields, rising oil prices have increased inflation stickiness and strengthened hawkish monetary policy expectations, causing traditional safe-haven logic to fail. The market's main trading theme has shifted to 'high oil prices → high inflation → strong dollar,' which continues to weigh on gold prices.
The English text is machine translated and may require verification against the Chinese version.
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