CommoditiesMedium•30 September 2026•
1 min read
Gold Prices Retreat Toward $4,150 as Treasury Yields and Oil Rise
Key Facts
1Gold prices fell toward $4,150 per ounce, pressured by rising US Treasury yields and higher oil prices.
2The impact of higher yields and oil outweighed the data showing softer Personal Consumption Expenditures (PCE) inflation.
Gold prices fell toward $4,150 per ounce, pressured by rising US Treasury yields and higher oil prices. FXStreet reported that the decline occurred despite data showing a slowdown in the Personal Consumption Expenditures (PCE) price index, the Federal Reserve's preferred inflation gauge.
The impact of higher yields and energy costs outweighed economic data that typically supports the precious metal, as market dynamics shifted toward higher yields. This price action comes during Kevin Warsh's tenure as Federal Reserve Chair, amid a macro environment characterized by yield and energy price pressures.