Gold slides as US PPI reinforces Fed hike expectations, US Dollar and yields rise

Cross-asset desk, Private Trade News (2026-09-10): Gold (XAU/USD) trades with a downside bias on Thursday as a steady US Dollar (USD), rising US Treasury yields and Federal Reserve (Fed) rate-hike expectations… Primary source: original at FXStreet (fxstreet.com).

September 10, 2026 8:22 AM GMT · FXStreet

Gold (XAU/USD) trades with a downside bias on Thursday as a steady US Dollar (USD), rising US Treasury yields and Federal Reserve (Fed) rate-hike expectations weigh on the precious metal, while traders also assess the latest US Producer Price Index (PPI) data.

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