U.S. Treasury Yields and Dollar Index Rise Today, Pressuring Precious Metals Prices

According to Wuyue Futures, U.S. Treasury yields and the dollar index rose today (June 9) amid Middle East tensions and strong non-farm employment data, further compressing upside space for precious metals prices. Oil prices remained elevated, and market expectations for Federal Reserve rate hikes strengthened, putting short-term pressure on precious metals.
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