Gold Drops Nearly 3% as Rate-Cut Bets Erode Safe Haven Demand
Gold shed nearly 3% to $4,543.60 as a firmer dollar and fading Fed easing bets weighed on bullion, pulling prices back from an intraday high near $4,670.
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Gold shed nearly 3% to $4,543.60 as a firmer dollar and fading Fed easing bets weighed on bullion, pulling prices back from an intraday high near $4,670.
Gold edged up 1.22% to $4,739 Thursday, staying near record territory as institutional buying and a cautious macro backdrop kept demand firm.
The 30-year US Treasury yield climbed to 5% on April 30, 2026, its highest since July 2025, rattling Bitcoin markets and sparking warnings from crypto
Bitcoin slipped 3% to around $77,000 in Asian trading as traders pull back ahead of the Fed decision, with oil prices and AI demand doubts adding pressure.
A strong February retail sales recovery suggests US consumer spending remains intact, pushing back on recession narratives and complicating the Fed's rate
Precious metals sold off sharply with gold down 1.4% and silver losing 2.5%, signaling that rate-cut optimism is fading fast across commodity markets.
A surge in gold futures activity on Binance is drawing regulatory scrutiny as traders pile into commodity derivatives amid a sharp pullback from gold's
Bloomberg ETF analyst Eric Balchunas says US spot Bitcoin ETFs are on the verge of fully erasing year-to-date outflows, even after Bitcoin shed roughly
Bitcoin has now gone four straight months without reclaiming $100,000. Analysts say fading retail participation is the missing ingredient for a genuine