gold appeared headed for a sixth straight losing session on monday what would be its longest losing streak since early july as the rising dollar and higher treasury yields continued to weigh on precious metals   gold futures gcz22 for december delivery were trading down 1750 or 1 to 1744 per ounce on comex   silver futures siu22 for september delivery were down 30 cents or 16 to 1875 per ounce as losses in silver continued to outpace losses for gold the precious metal has fallen for five straight sessions   palladium pau22 for september delivery was off 7590 or 36 to trade at 2055 per ounce while platinum plv22 for october delivery fell 1320 or 15 to 873 per ounce   copper for september hgu22 delivery was off 3 cents or 09 to 363 per pound what analysts are saying carlo alberto de casa an external market analyst at kinesis money said the dollar’s rebound over the past week has created a “challenging scenario for precious metals” “markets are now pricing the interest rates to be in the region of 35 – 375 by the end of this year therefore it is not a surprise that in the last few trading days we have seen a challenging scenario for precious metals” de casa said investors will receive an update from federal reserve chairman jerome powell when he delivers remarks from the fed’s annual economic symposium in jackson hole wyo on friday the ice us dollar index dxy  a gauge of the dollar’s strength against six rivals was up 02 at 10838 nearing a multidecade high reached last month