Gold tumbles below $4.150 as US bond yields, oil prices rise

Gold price (XAU/USD) falls to near $4,125 during the early Asian session on Tuesday. The precious metal faces some selling pressure as rising US Treasury yields and expectations of further Federal Reserve interest rate hikes sap demand for the non-yielding metal.

Gold impact rationale

Rising rate-hike or hawkish expectations increase gold's opportunity cost.

• Source: FXStreet news
• 2026-09-28
• rates
• gold_price_action

Topics: gold news, gold price impact, rates, gold_price_action