#GOLD⚠️ Gold traded around $4,290 per ounce on Tuesday and hovered near the lowest levels in five weeks➕Higher oil prices strengthened expectations for this week’s interest rate hike by the U.S. Federal Reserve (Fed)➕Markets are currently pricing about a 92% chance of a 25-basis-point rate increase on Wednesday➕The U.S. 10-year Treasury yield also rose toward 5% due to inflation and fiscal concerns, adding further pressure on gold, which does not offer a yield.
