{"id":30589,"date":"2026-03-13T01:01:27","date_gmt":"2026-03-13T01:01:27","guid":{"rendered":"https:\/\/www.vtmarketsglobal.com\/en\/uncategorized\/30589\/"},"modified":"2026-03-13T01:01:27","modified_gmt":"2026-03-13T01:01:27","slug":"gold-trades-lower-as-a-firmer-us-dollar-and-rising-treasury-yields-restrain-further-upside-moves","status":"publish","type":"post","link":"https:\/\/www.vtmarketsglobal.com\/en\/live-updates\/30589\/","title":{"rendered":"Gold trades lower as a firmer US dollar and rising Treasury yields restrain further upside moves"},"content":{"rendered":"Gold fell on Thursday as a stronger US Dollar and higher Treasury yields limited gains. XAU\/USD traded near $5,113, down about 1.20%, while staying in a range.\n\nThe US-Iran war reached day 13, with intensified attacks and no clear de-escalation. Iran set conditions for ending the conflict, and its leadership backed keeping the Strait of Hormuz closure as pressure.\n\n

Strait Of Hormuz Supply Risks<\/h3>\nDisruption near the Strait of Hormuz has raised concerns about Oil supply, with Iran targeting tankers and commercial vessels. A BHH report estimates nearly 15 million barrels per day pass through the route, or about 10 mb\/d with full alternative routing.\n\nThe IEA agreed to release 400 million barrels from emergency reserves, including 172 million from the US Strategic Petroleum Reserve. Based on flow estimates, this could cover about 27 to 40 days of disruption.\n\nMarkets no longer fully price in even one 25 bps rate cut in 2026, supporting the Dollar. Attention now turns to Friday\u2019s US PCE Price Index report.\n\nTechnically, gold is consolidating between $5,000 and $5,250, with RSI near 55 and ADX near 12. Resistance sits at $5,200 and $5,238, while support is near $5,115, $4,932, and $4,556.\n\n

Positioning And Volatility Strategies<\/h3>\nCentral banks added 1,136 tonnes of gold worth about $70 billion in 2022, the highest on record. Gold often moves inversely to the US Dollar and US Treasuries.\n\nAs of March 13, 2026, we see gold caught between powerful forces, making directional bets risky in the immediate term. The ongoing US-Iran conflict provides a strong floor for prices due to safe-haven demand. However, the resulting inflation fears are empowering a hawkish Federal Reserve, which strengthens the dollar and caps gold’s potential gains.\n\nThe market’s reaction is clear in recent data, with Brent crude futures holding stubbornly above $150 a barrel despite the release of strategic reserves. This has fed directly into inflation expectations, supported by last week\u2019s Consumer Price Index (CPI) report which showed an unexpected rise to 4.1% year-over-year. Consequently, we’ve seen Fed funds futures completely price out any rate cuts for 2026, a dramatic shift from sentiment just before the conflict began.\n\nFor derivative traders, this environment of high tension within a defined range suggests looking at volatility strategies. Buying straddles or strangles with expirations in the coming weeks could be an effective way to profit from a potential sharp breakout, which could be triggered by either an escalation or a sudden de-escalation in the Middle East. This approach does not require us to guess the correct direction of the eventual move.\n\nThe technical chart confirms this sideways action, with gold consolidating between the key psychological level of $5,000 and resistance at $5,250. We can use these levels to structure trades, such as iron condors, to collect premium while the market remains undecided. The CBOE Gold Volatility Index (GVZ) is currently elevated near 25, reflecting the high uncertainty and making options premiums relatively expensive.\n\nLooking back, we remember the initial price spikes in commodities at the start of geopolitical conflicts in the early 2020s, which often faded before resuming a trend. We are also mindful of the 1970s, when gold performed extremely well during a period of stagflation, as high inflation offset the impact of rising interest rates. This historical precedent suggests that if inflation continues to outpace yields, the ultimate path for gold could still be upward.\n\nCreate your live VT Markets account<\/a>\u00a0and\u00a0start trading<\/a>\u00a0now. <\/b>\n

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Start trading now – Click here<\/a> to create your real VT Markets account <\/strong> <\/p>\r\n","protected":false},"excerpt":{"rendered":"

Gold slips as dollar, yields rise; Iran conflict, Hormuz risks, SPR release, PCE report ahead.<\/p>\n","protected":false},"author":38,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46],"tags":[],"class_list":["post-30589","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"josephine","author_link":"https:\/\/www.vtmarketsglobal.com\/en\/author\/josephine\/"},"_links":{"self":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/comments?post=30589"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30589\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=30589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=30589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=30589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}