Gold Price Surges as US Dollar is Eroded by SVB Collapse Ahead of US CPI

The gold price has gained amidst the turmoil of the failure of SVB that saw Treasury yields sink, dragging down the US Dollar. If the carnage alters the Fed rate path, what does it mean for XAU/USD?

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Dow Jones, Nasdaq 100 Mixed Reaction to SVB Collapse Speaks to Strong Fed Pivot Bets

The Dow Jones fell but the Nasdaq 100 rallied on Monday as markets strongly priced in a Fed pivot in the fallout of SVB’s collapse. For now, markets are prioritizing a dovish Fed over a recession.

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US Dollar Sinks as Yields Collapse After SVB’s Failure, US Inflation Data Ahead

The U.S. dollar slumps on Monday as Treasury yields extend their decline amid fears that the U.S. banking system turmoil could become systemic and trigger a financial crisis.

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