Gold dips to $4,122 on firm dollar
Gold prices edged lower on Tuesday as a stronger US dollar and climbing Treasury yields weighed on the metal, although a fading outlook for a Federal Reserve rate hike this month helped cap the decline.
October 06, 2026 (MLN): Gold prices edged lower on Tuesday as a stronger US dollar and climbing Treasury yields weighed on the metal, although a fading outlook for a Federal Reserve rate hike this month helped cap the decline. Currently, spot gold is down 0.42% to $4,122.44 an ounce as of [11:09 am] PST, according to data reported by Mettis Global. Bond market weakness remained a key pressure point, with 10-year and...