US bond yields are rising, gold fell sharply after Yellen comments

Over the last two hours, the US bond yields rebounded from around 1.56% to nearly 1.60% (thus the prices of these bonds fell). The increase in bond yields contributed to a sharp decline in gold prices - we have already mentioned the relationship between yields and gold many times in our posts.

The decline in US bond prices (and thus the gold sell-off) was probably caused by Janet Yellen comments, who suggested that there may be a need to raise interest rates in order to prevent overheating of the economy. The US Treasury Secretary presented a different point of view compared to the Fed. It should be remembered that any comments that even slightly suggest the earlier tightening of the US monetary policy may lead to further increases in bond yields and lower gold prices.

US Treasury bond yields rise (and their prices fall) and gold prices plummet. Source: xStation5

The price of gold fell below the lower bound of the wedge formation and below the 50 SMA (green line). The nearest support is located around $1,758/oz. Source: xStation5

28 October 2025, 6:46 PM

Daily Summary – Wall Street Rises Ahead of “Magnificent Seven” Earnings

28 October 2025, 10:10 AM

Chart of the day - WHEAT (28.10.2025)

28 October 2025, 9:37 AM

⏬Gold Plummets Another 2%

27 October 2025, 6:44 PM

Daily summary: Equities rally as markets await Trump-Xi talks; precious metals decline on risk-on (27.10.2025)

commodities

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days

US bond yields are rising, gold fell sharply after Yellen comments

Join over 1 700 000 XTB Group Clients from around the world