Markets
Gold Holds $4,358 as Oil Hits $105 and Yields Rise
By Markets Desk · 2026-09-10 · Updated 2026-09-10 17:45 UTC
Gold is trading near $4,358 as Brent crude hits $105 and Fed hike odds climb to 70%, creating a conflicted outlook where hawkish monetary policy pressures are offset by record ETF inflows and persistent safe-haven demand.
Limitless Metals notes that despite rising yields, global gold ETFs logged record holdings of 4,189 tonnes following $18 billion in August inflows. The firm argues that while UBS now forecasts two rate hikes this year, the concurrent surge in energy prices keeps demand for the metal resilient.
Source: GN markets/commodities (en-US)Spot gold traded near $4,358 per ounce Thursday. Brent crude reached $105 per barrel. Fed rate-hike odds rose to 70%.
Source: GN auto markets/bonds: treasury yields
Based on reporting by GN auto markets/bonds: treasury yields and GN markets/commodities (en-US), compiled by the Tradingbird desk.
