Gold extended its losing streak as prices continued to slide, with silver also under pressure in the latest trading session.

The decline in both precious metals was driven by rising US Treasury yields, a stronger US dollar, and growing expectations of further interest rate hikes by the Federal Reserve, according to CNBC-TV18 Markets.

Higher bond yields tend to reduce the appeal of non-yielding assets such as gold, while a firmer dollar typically makes dollar-denominated commodities more expensive for holders of other currencies, weighing on demand. Gold is traditionally viewed as a hedge against inflation and currency weakness, and its price often moves inversely to real interest rates. Silver, which has both precious-metal and industrial characteristics owing to its use in electronics and solar applications, often trades broadly in line with gold but can face additional pressure from shifts in industrial demand expectations.

For market watchers, the near-term focus remains on upcoming US economic data releases and Federal Reserve policy communications, which have been key drivers of rate expectations and, in turn, precious metals pricing in recent sessions.

The article was published by CNBC-TV18 Markets on September 2, 2026, and can be found at the original URL: https://www.cnbctv18.com/market/commodities/gold-extends-losing-streak-silver-under-pressure-outlook-demand-19981949.htm.

This article is for informational purposes only and should not be construed as investment advice. Readers should consult certified experts before making any investment decisions.