Commodities

Gold Futures Settle Lower As Dollar Rises On Rate Hike Bets

Gold futures snapped a three-day winning streak and ended lower on Thursday as the dollar firmed against its major counterparts, and bond yields rose on concerns U.S. interest rates could stay higher for longer.

The dollar index climbed to 105.18, gaining nearly 0.7%.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Commodities