Gold was muted around $4,300/oz as markets priced further Fed tightening. NY
gold futures were flat at $4,316.30, weighed by a stronger dollar and US
Treasury yields at multi‑year highs. Mitsubishi UFJ analysts said Fed officials
remain hawkish and Fed board member Barr indicated further tightening may be
needed. With markets pricing in at least three more hikes by April, elevated
Yields and persistent energy‑driven inflation are major headwinds for gold.