{"id":73006,"date":"2026-05-24T15:46:52","date_gmt":"2026-05-24T15:46:52","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/gold-slides-0-7-as-dxy-holds-near-99-32-and-10-year-yields-push-toward-4-6\/"},"modified":"2026-05-24T15:46:52","modified_gmt":"2026-05-24T15:46:52","slug":"gold-slides-0-7-as-dxy-holds-near-99-32-and-10-year-yields-push-toward-4-6","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/gold-slides-0-7-as-dxy-holds-near-99-32-and-10-year-yields-push-toward-4-6\/","title":{"rendered":"Gold Slides 0.7% as DXY Holds Near 99.32 and 10-Year Yields Push Toward 4.6%"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Gold fell roughly $30 to $35 per ounce during May 17-24, pressured by a DXY near 99.32 and rising Treasury yields.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">FOMC minutes released May 21 reinforced higher-for-longer Fed expectations, extending gold\u2019s 16% slide from its January 2026 peak of $5,589.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Central banks continue net gold purchases, keeping gold bug targets above $5,000 by end-2026 despite near-term headwinds.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2> <span>Gold<\/span> Faced Headwinds This Week<\/h2>\n<p>Spot <a href=\"https:\/\/news.bitcoin.com\/fbi-probes-missing-man-after-1m-vanished-into-gold-crypto-buys\/\">gold<\/a> opened the May 17-24 period near $4,540 and spent most of the week oscillating between $4,480 and $4,566. Daily swings were sharp in both directions, with some sessions posting moves of $25 to the upside before others surrendered as much as $84. The metal found a floor near $4,480 on several tests before recovering toward the week\u2019s close.<\/p>\n<p>The U.S. Dollar Index held in a 99.0 to 99.4 range throughout the period, settling near 99.32 by May 22. A stronger dollar raises the cost of dollar-denominated <span>gold<\/span> for buyers operating in other currencies, and that friction showed up in lower demand across spot and futures markets.<\/p>\n<p>Benchmark 10-year U.S. Treasury yields pushed toward 4.5% to 4.6%, levels near one-year highs. When bonds offer that kind of return, <span>gold<\/span>\u2019s lack of yield becomes a liability. ETF outflows reflected the shift, as holders rotated toward interest-bearing alternatives.<\/p>\n<figure id=\"attachment_816764\" aria-describedby=\"caption-attachment-816764\" style=\"width:1996px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-816764\" class=\"wp-caption-text\"> <span>Gold<\/span> prices via Tradingview on May 24, 2026.<\/figcaption><\/figure>\n<p><a href=\"https:\/\/news.bitcoin.com\/federal-reserve-holds-interest-rates-steady-at-3-5-3-75\/\">Federal Reserve<\/a> policy expectations added further weight. FOMC minutes released around May 21 described persistent <span>inflation<\/span>, signaling that rate cuts remain unlikely in the near term. Markets pulled back their odds of any easing, directly reducing <span>gold<\/span>\u2019s appeal as a hedge against low real rates.<\/p>\n<p>Energy prices, elevated in part by tension around the Strait of Hormuz, kept <span>inflation<\/span> concerns alive. U.S. CPI data from the period reinforced those worries and gave the Fed cover to stay patient. The combination of <span>inflation<\/span> data, hawkish minutes, and yield pressure formed the main weight on <span>gold<\/span> this week.<\/p>\n<p>Geopolitical risk, which had supported <span>gold<\/span> for much of the broader 2026 rally, offered less help this week. Reports of <a href=\"https:\/\/news.bitcoin.com\/bitcoin-tops-77k-as-trump-weighs-iran-move-polymarket-peace-bet-hits-154m\/\">U.S.-Iran negotiations<\/a> entering what officials described as final stages reduced safe-haven demand at the margin. Risk sentiment improved, pulling some buyers away from <span>gold<\/span> and toward equities.<\/p>\n<p>U.S. stocks advanced during the same period. The S&amp;P 500 closed the week at 7,473, posting its eighth consecutive winning week. The Dow Jones Industrial Average settled at 50,579, up roughly 2.1% and setting new record closes. The Nasdaq Composite finished at 26,343, lifted by technology and AI-related earnings from companies including Dell and Workday.<\/p>\n<p> <span>Bitcoin<\/span> pulled back roughly 1.5% to 3% during the week, moving from near $78,000 to around $76,500 to $77,000. Ethereum declined 3% to 5%, closing near $2,060 to $2,120. Total <span>crypto<\/span> market capitalization fell to approximately $2.55 trillion to $2.65 trillion, pressured by the same dollar and yield dynamics hurting <span>gold<\/span>.<\/p>\n<p> <span>Gold<\/span>\u2019s weekly loss fits within a broader correction that began from January 2026 all-time highs near $5,589 per ounce. The metal has fallen roughly 16% from that peak but remains substantially above 2025 trading levels.<\/p>\n<p>Central banks continued net purchases of <a href=\"http:\/\/www.bitcoin.com\/get-started\/bitcoin-vs-gold\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">gold<\/a> during the period, a structural support that has underpinned prices through the correction. That buying offset some of the short-term selling pressure from ETF outflows and futures markets.<\/p>\n<p> <a href=\"http:\/\/www.bitcoin.com\/get-started\/bitcoin-vs-gold\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Gold<\/a> proponents tracking the metal have maintained longer-term price targets above $5,000 per ounce, citing ongoing central bank diversification, long-term fiscal concerns, and the potential for future Fed easing as reasons to stay constructive. The near-term picture, however, depends on whether yields stabilize and whether geopolitical tensions remain contained.<\/p>\n<p> <a href=\"http:\/\/www.bitcoin.com\/get-started\/bitcoin-vs-gold\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Gold<\/a> heads into the final week of May with technical resistance sitting near $4,550 to $4,600 and support around $4,480 to $4,500, with the next directional move likely tied to incoming <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-inflation\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">inflation<\/a> data and any shifts in Fed guidance.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/gold-slides-0-7-as-dxy-holds-near-99-32-and-10-year-yields-push-toward-4-6\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Gold fell roughly $30 to $35 per ounce during May 17-24, pressured by a DXY near 99.32 and rising Treasury yields. FOMC minutes released May 21 reinforced higher-for-longer Fed expectations, extending gold\u2019s 16% slide from its January 2026 peak of $5,589. Central banks continue net gold [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":73007,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73006"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=73006"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73006\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/73007"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=73006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=73006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=73006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}