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GOLD SUBDUED AS TREASURY AND BRENT`S PRICES SURGE

Published on Aug 19, 2026 11:16

Gold traded near $4,400 an ounce on Wednesday after a nearly 2% drop in the previous session. High global bond yields affected gold due to persistent inflation and fiscal concerns. US 10-year and 30-year Treasury yields reached multi-year highs, increasing the opportunity cost of holding gold. MCX October gold futures fell 0.1% to ₹154,087 per 10 grams as investors await the Fed’s July meeting minutes and Jackson Hole remarks for policy clues.