#us-treasury-yields

#us-treasury-yields

Gold has entered a corrective phase after reaching a peak near 4,900 USD/oz, pulling back toward the 4,700 area, characterized by controlled losses and weak rebounds.

The dollar index was stable on Wednesday, as investors awaited new catalysts that could shape the Federal Reserve's monetary policy trajectory. The FOMC minutes later today and Thursday's delayed nonfarm payrolls report are set to influence sentiment and shift expectations for the December Fed meeting. US Treasury yields reflected that uncertainty, with muted moves across the curve and the 10-year hovering near 4.12%.

The dollar index was firm on Tuesday as investors monitored developments around the US government shutdown. Hopes of a breakthrough emerged after National Economic Council Director Kevin Hassett suggested the shutdown could end this week. At the same time, easing concerns over trade tensions with China could lift the currency. Receding concerns over the US banking sector could also limit the pressure on the dollar.