XAU/USD Lurching Lower as USD Gains and Gold Slips

Gold

Gold price has continued to descend due to the direction of last week’s Jackson Hole symposium which continues to be felt across asset classes.

Fed Chair, Jerome Powell stated that inflation combating is the current priority of the Fed at this moment and till it successfully fights it off. He said, “The Federal Open Market Committee’s (FOMC) overarching focus right now is to bring inflation back down to our 2 percent goal.”

Certainly, this has been the norm for a while now, but after the July FOMC, the market seemed to have misinterpreted Powell’s speech as they thought he said that the Fed’s target rate was neutral.

Fed’s interest rates is always increasing per time causing Treasury yields to scale high across the curve as the USD finds support. This surge in the USD has causes commodities to fall pressured and the market sees a potentially slower global growth. Gold is not left unaffected in all of these.

After Jackson Hole, 10-year Treasury yields are around 20 basis-points (bps) higher, while the market lowered their expectation of where 10-year inflation is. It has downed by around 10 bps, as priced by the breakeven rate on Treasury Inflation Protected Securities (TIPS).

The nominal Treasury yield is lesser than the inflation rate for the same tenor. The US 10-year real yield is 30 bps above its position before Jackson Hole.

If the Fed continue to talk tough on inflation, will XAU/USD test new lows?

This Post Has 68 Comments

  1. banco para ejercicio

    Thank you, I have just been looking for information about this topic for ages and yours is the best I have discovered so far. But, what about the bottom line? Are you sure about the source?

  2. wyszukiwarka nazwisk

    I have been exploring for a little for any high quality articles or blog posts on this sort of area . Exploring in Yahoo I at last stumbled upon this website. Reading this info So i’m happy to convey that I have a very good uncanny feeling I discovered just what I needed. I most certainly will make certain to do not forget this web site and give it a glance on a constant basis.

  3. i was reading this

    I don’t even know the way I stopped up here, but I believed this submit used to be great. I don’t understand who you’re however definitely you are going to a well-known blogger in the event you are not already 😉 Cheers!

  4. Nitric Boost Ultra

    Thank you for any other excellent post. Where else may anybody get that kind of information in such a perfect approach of writing? I’ve a presentation next week, and I’m on the search for such info.

  5. It¦s actually a cool and useful piece of information. I am happy that you shared this helpful information with us. Please stay us up to date like this. Thanks for sharing.

  6. Fitspresso reviews

    I together with my pals have already been looking through the good tips and hints found on your web blog then instantly I had an awful suspicion I had not thanked the blog owner for those secrets. Those women ended up for that reason happy to study them and have undoubtedly been taking pleasure in those things. We appreciate you really being simply kind and also for deciding on varieties of very good ideas most people are really needing to understand about. Our own sincere apologies for not expressing appreciation to sooner.

  7. Java Burn

    Everything is very open and very clear explanation of issues. was truly information. Your website is very useful. Thanks for sharing.

  8. Fitspresso

    Great wordpress blog here.. It’s hard to find quality writing like yours these days. I really appreciate people like you! take care

  9. Sugar Defender

    Its good as your other content : D, thanks for putting up.

  10. fitspresso review

    Some really fantastic information, Gladiola I found this. “Our pleasures were simple-they included survival.” by Dwight D Eisenhower.

  11. sumatra tonic

    After all, what a great site and informative posts, I will upload inbound link – bookmark this web site? Regards, Reader.

  12. Nano defense pro

    Hello.This post was extremely remarkable, particularly because I was looking for thoughts on this topic last Friday.

  13. Java Burn

    You have remarked very interesting details! ps nice web site. “Enemies, as well as lovers, come to resemble each other over a period of time.” by Sydney Harris.

  14. Sight Care

    I know this if off topic but I’m looking into starting my own weblog and was wondering what all is required to get setup? I’m assuming having a blog like yours would cost a pretty penny? I’m not very internet savvy so I’m not 100 positive. Any tips or advice would be greatly appreciated. Cheers

  15. Wonderful post however I was wondering if you could write a litte more on this topic? I’d be very thankful if you could elaborate a little bit further. Kudos!

  16. Very good written information. It will be supportive to everyone who employess it, as well as myself. Keep up the good work – i will definitely read more posts.

  17. Fitspresso

    I was very pleased to find this web-site.I wanted to thanks for your time for this wonderful read!! I definitely enjoying every little bit of it and I have you bookmarked to check out new stuff you blog post.

  18. Kerassentials

    At this time it seems like Drupal is the best blogging platform available right now. (from what I’ve read) Is that what you are using on your blog?

  19. Java Burn

    Great work! This is the type of info that should be shared around the web. Shame on Google for not positioning this post higher! Come on over and visit my web site . Thanks =)

  20. I was very pleased to find this web-site.I wanted to thanks for your time for this wonderful read!! I definitely enjoying every little bit of it and I have you bookmarked to check out new stuff you blog post.

  21. Glucotrust

    Have you ever thought about publishing an ebook or guest authoring on other websites? I have a blog centered on the same ideas you discuss and would love to have you share some stories/information. I know my visitors would enjoy your work. If you are even remotely interested, feel free to shoot me an email.

  22. lottery defeater

    There is noticeably a bundle to learn about this. I assume you made certain good points in features also.

  23. roketslot

    I would like to thnkx for the efforts you’ve put in writing this website. I’m hoping the same high-grade blog post from you in the upcoming as well. In fact your creative writing abilities has inspired me to get my own site now. Actually the blogging is spreading its wings rapidly. Your write up is a good example of it.

  24. tonic greens review

    Very interesting points you have observed, thankyou for posting. “In a great romance, each person plays a part the other really likes.” by Elizabeth Ashley.

  25. Hiya, I am really glad I have found this information. Today bloggers publish just about gossips and web and this is really irritating. A good blog with interesting content, that’s what I need. Thanks for keeping this site, I’ll be visiting it. Do you do newsletters? Can’t find it.

  26. I just could not depart your web site prior to suggesting that I actually enjoyed the usual information an individual supply to your visitors? Is gonna be back frequently in order to check up on new posts.

  27. Glucotrust Reviews

    I was very pleased to find this web-site.I needed to thanks for your time for this excellent learn!! I positively having fun with each little little bit of it and I’ve you bookmarked to check out new stuff you weblog post.

  28. puravive

    What Is Puravive? Puravive is an herbal weight loss supplement that supports healthy weight loss in individuals.

  29. I’m really enjoying the theme/design of your blog. Do you ever run into any internet browser compatibility issues? A number of my blog visitors have complained about my site not working correctly in Explorer but looks great in Firefox. Do you have any recommendations to help fix this issue?

  30. java burn

    What is Java Burn? Java Burn is a unique and innovative product that enhances your morning coffee routine.

  31. Kerassentials

    I see something really interesting about your site so I saved to favorites.

  32. Java Burn

    Sweet web site, super pattern, really clean and employ pleasant.

  33. Fitpsresso

    Hello.This article was extremely remarkable, especially because I was looking for thoughts on this issue last week.

  34. Sugar Defender

    Heya! I just wanted to ask if you ever have any trouble with hackers? My last blog (wordpress) was hacked and I ended up losing a few months of hard work due to no backup. Do you have any methods to stop hackers?

  35. The Genius Wave

    Hi there! This post couldn’t be written any better! Reading through this post reminds me of my previous room mate! He always kept talking about this. I will forward this article to him. Pretty sure he will have a good read. Thank you for sharing!

  36. Java Burn

    I am glad to be a visitant of this complete web blog! , appreciate it for this rare information! .

  37. I believe other website proprietors should take this website as an model, very clean and fantastic user pleasant style.

  38. Lift Detox

    I like this website its a master peace ! Glad I detected this on google .

  39. My brother suggested I might like this blog. He was totally right. This post actually made my day. You can not imagine simply how much time I had spent for this information! Thanks!

  40. Fitspresso review

    I really like your writing style, good information, thanks for putting up :D. “I hate mankind, for I think myself one of the best of them, and I know how bad I am.” by Joseph Baretti.

  41. I know this if off topic but I’m looking into starting my own weblog and was curious what all is required to get setup? I’m assuming having a blog like yours would cost a pretty penny? I’m not very web smart so I’m not 100 sure. Any tips or advice would be greatly appreciated. Many thanks

  42. Java Burn

    You made some good points there. I did a search on the topic and found most people will approve with your site.

  43. Billionaire Brain Wave

    I have been surfing online more than three hours these days, yet I never discovered any fascinating article like yours. It is beautiful value enough for me. Personally, if all web owners and bloggers made excellent content as you did, the net can be a lot more useful than ever before.

  44. Balmorex Pro

    I discovered your blog site on google and check a few of your early posts. Continue to keep up the very good operate. I just additional up your RSS feed to my MSN News Reader. Seeking forward to reading more from you later on!…

  45. I carry on listening to the news broadcast talk about getting boundless online grant applications so I have been looking around for the top site to get one. Could you advise me please, where could i find some?

  46. Can I just say what a aid to find somebody who actually is aware of what theyre talking about on the internet. You positively know how to carry an issue to gentle and make it important. More people need to read this and perceive this facet of the story. I cant consider youre not more widespread because you definitely have the gift.

  47. Java Burn

    Very interesting information!Perfect just what I was looking for! “Energy is the power that drives every human being. It is not lost by exertion by maintained by it.” by Germaine Greer.

  48. hire a hacker uk

    It’s really a nice and useful piece of info. I’m glad that you shared this helpful info with us. Please keep us informed like this. Thanks for sharing.

  49. Boostaro review

    Thanks for another informative website. Where else could I get that kind of information written in such an ideal way? I have a project that I am just now working on, and I have been on the look out for such information.

  50. Rastrear Celular

    A tecnologia está se desenvolvendo cada vez mais rápido, e os telefones celulares estão mudando cada vez com mais frequência. Como um telefone Android rápido e de baixo custo pode se tornar uma câmera acessível remotamente?

  51. Rastrear Celular

    Existe alguma maneira de recuperar o histórico de chamadas excluídas? Aqueles que possuem backup na nuvem podem usar esses arquivos de backup para restaurar registros de chamadas de celular.

  52. Rastrear Celular

    Rastreador de celular – Aplicativo de rastreamento oculto que registra localização, SMS, áudio de chamadas, WhatsApp, Facebook, foto, câmera, atividade de internet. Melhor para controle dos pais e monitoramento de funcionários. Rastrear Telefone Celular Grátis – Programa de Monitoramento Online.

  53. Natalia

    Wow, wonderful blog format! How lengthy have you ever been running a
    blog for? you made blogging look easy. The overall glance
    of your site is excellent, let alone the content!
    You can see similar here sklep internetowy

  54. zlatne plocice

    Hi, Neat post. There is a problem with your website in internet explorer, would check this… IE still is the market leader and a big portion of people will miss your great writing due to this problem.

  55. google maps seo

    I’d must examine with you here. Which is not something I usually do! I get pleasure from reading a publish that will make people think. Additionally, thanks for allowing me to comment!

  56. zlatne poluge

    I don’t commonly comment but I gotta tell appreciate it for the post on this perfect one : D.

  57. investiciono zlato

    My spouse and i got very thankful that Michael managed to carry out his web research using the ideas he grabbed when using the web page. It is now and again perplexing to simply continually be offering key points which usually men and women might have been trying to sell. And now we understand we now have the website owner to be grateful to for that. The illustrations you’ve made, the straightforward site navigation, the friendships your site make it easier to create – it’s got everything fantastic, and it’s really facilitating our son in addition to the family understand the concept is fun, and that is unbelievably serious. Thanks for the whole lot!

  58. tlovertonet

    We’re a group of volunteers and starting a new scheme in our community. Your website offered us with valuable info to work on. You’ve done an impressive job and our whole community will be thankful to you.

Leave a Reply

Contact Us

Disclaimer

Forex, Crypto, Options, and Binary Options have both large potential rewards and large potential risks. Therefore, before investing or trading any of the assets, ensure you are aware of and willing to accept the accompanying risks. Do not trade money you cannot afford to lose.

All Rights Reserved. None of the content of this website can be published elsewhere by any means without the prior consent of the owner(s). Please, check our terms & conditions and privacy policy before continuing to use this website.

This website and its owner(s) are not in any way liable for any incurred loss, whether caused by the information provided on this website or otherwise. The use of this website, including the content and information provided, is the user’s sole liability.