#XAUUSD ⭕️ Metals retreat: gold loses nearly 2%, silver more than 3%, and platinum 5%
🔹 A stronger US dollar weighs on dollar-denominated metal prices
🔹 Rising US Treasury yields reduce the appeal of non-yielding metals
🔹 Awaiting the minutes of the US Federal Reserve meeting for signals on the interest-rate outlook
🔹 Expectations of a rate hike in December exceeding 80% are increasing pressure on metals