EconomyAmy Gower Says Gold Faces Rate and Dollar Headwinds

Amy Gower said gold is under significant near-term pressure from higher long-dated bond yields and a stronger dollar. Because the metal pays no yield, it becomes less appealing when other investments offer better returns. Still, gold remains well supported above $4,000 an ounce, with strong physical demand, including central-bank buying, helping offset those headwinds.