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PRECIOUS METALS | Gold May Face Pressure From U.S. Treasuries in 2026, Analyst Says

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2026-06-26 10:32:18
Bloomberg Intelligence analyst Mike McGlone said U.S. Treasuries are becoming a cheaper and more attractive safe-haven asset. According to Jin10, McGlone said that when U.S. stocks rise, gold is restrained by interest rates, and when U.S. stocks fall, capital tends to flow into U.S. Treasuries rather than gold.

He added that in 2026, gold may face pressure in both scenarios.
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