Gold, Crude Oil Forecast: Rising Yields and Stronger USD Exert Pressure

Gold, Crude Oil Forecast: Rising Yields and Stronger USD Exert Pressure

February 17, 2021 at 06:00AM

Gold prices extended lower as the US Dollar gained alongside Treasury yields. Crude oil prices retreated from a 12-month high despite output disruptions in Texas as a cold blast swept the region.

From: Margaret Yang, CFA
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CFA DailyFX - Market News Margaret Yang Topbanner

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Breaking News

February 17, 2021 at 06:00AM

Gold prices extended lower as the US Dollar gained alongside Treasury yields. Crude oil prices retreated from a 12-month high despite output disruptions in Texas as a cold blast swept the region.

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