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Market & Economic Intelligence Platform Insight on Macro, Commodities, Equities & Policy

5 May 2026 09:09  |

Gold Squeezed by Yield-USD

Gold received support from safe-haven demand amid the escalation in Middle East tensions. During the Asian trading session on Tuesday (May 5), gold was around $4,539, but its gains were limited by a persistently strong dollar and rising Treasury yields. The combination of a rising USD and yields typically pressures gold through opportunity cost and currency valuation effects.

The risk of rising oil prices adds to the inflationary channel, which could keep expectations of a tight Fed policy stance, potentially keeping real yields high and limiting gold's upside. The market is now monitoring Fed officials' speeches and the US jobs report (estimated at +60K) as potential triggers for shifts in interest rate expectations, yields, and the direction of the USD. (asd)

Gold Price at the Time of Release of This Analysis is at $4,539

- Buy if the price moves to $4,548

- Sell if the price moves to $4,519

Resistance 2: $4,588

Resistance 1: $4,559

Support 1: $4,501

Support 2: $4,472

Caution: This article is analytical and not a definitive reference. Please consider the impact of fundamental and technical developments on trading before making any investment decisions.

Source: Newsmaker.id

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