GDP

Gold is pushing higher as a weaker dollar and reduced September hike expectations support demand, even as Treasury yields move up. The rally now faces a critical resistance zone and a crude-led inflation risk that could limit follow-through.

Silver held a modest rebound as lower crude prices, softer Treasury yields and a steadier dollar eased pressure on the metal. Traders remain cautious before Wednesday’s FOMC decision, Warsh’s press conference, and the next GDP and PCE readings.