Gold, Silver Rate Today Live Updates: Gold prices set for second straight week of decline

Gold prices in the international market are actively tracking for a second consecutive week of decline, a significant shift after a period of robust rallies. This downturn has seen the precious metal slip below key technical support levels, largely influenced by a resurgent US Dollar Index (DXY) and persistently high Treasury Yields. Silver prices, often correlated with gold due to its dual role as both a precious and industrial metal, are experiencing similar downward pressure, though its industrial demand side can sometimes offer a degree of counterbalancing support. This indicates a broader repricing of non-yielding asset against a backdrop of evolving global macroeconomic signals. This two-week dip is a critical indicator of shifting investor sentiment and recalibrating market expectations, particularly concerning the Federal Reserve (The Fed) monetary policy trajectory. A stronger US Dollar makes dollar-denominated commodities like gold more expensive for international buyers, dampening demand. Simultaneously, elevated Real Yields on government bonds increase the Opportunity Cost of holding non-yielding asset such as gold, diverting capital into interest-bearing instruments. The market seems to be digesting a 'higher for longer' interest rate narrative from central banks, leading to reduced safe-haven asset demand as perceived global economic stability improves, or at least, as the market anticipates a sustained hawkish stance against persistent inflation. This dynamic environment suggests a complex interplay between currency strength, monetary policy, and investor risk appetite shaping the immediate future of the Commodity Market.