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Spot gold was trading at $2,338.04 an ounce, steady from previous session's 1% decline. Gold futures were trading at $2,358.30, down 0.2%.

Wall Street indexes retreated on Wednesday, led by declines in rate-sensitive sectors as concerns around the timing and the scale of the Federal Reserves interest rate cuts pushed Treasury yields...

U.S. stocks fell on Wednesday amid further gains in Treasury yields and concern over the timing and scale of possible interest rate cuts from the Federal Reserve. The Dow fell to its...

U.S. stocks dropped on Wednesday due to rising Treasury yields and uncertainties about future interest rate cuts by the Federal Reserve. The Dow fell over 1%, reaching a near one-month low, while S&P 500 sectors also declined. Market sentiment was dampened by conflicting rate cut expectations and modest inflation growth.

The Commerce Department said new orders for key U.S.-manufactured capital goods rebounded more than expected in April while the University of Michigan reported that consumers inflation expectations improved in late May after deteriorating early in the month.

Spot gold continued to hold steady at $2,351.39 an ounce, following a 1% increase the prior session. At $2,352.30, gold futures were up 0.8%.

Gold prices slipped on Tuesday with investors booking profits after a recent rally and pressure from the reduced probability of the Federal Reserve rate cuts, while the market awaited key U.S.... -May 28, 2024 at 06:11 am EDT - MarketScreener

Crude oil continues to rise for the third consecutive day, reaching a weekly high. Despite the absence of stimulating data, oil prices remain strong.

Oil takes advantage of the absence of disappointing data and advance for the third day in a row

The Nasdaq has notched a record high to close a fifth straight week of gains as US stocks rebounded from sharp losses, but the Dow posted a fall for the week.