Gold moves sharply lower and interest rates higher leads to a stronger dollar

Gold tumbling.  Yields not running higher, but higher. The USD is trading at highest levels vs. EUR, JPY, CHF, CAD, AUD and NZD. The only major currency it is not trading at the high is the GBP. The BOE gone the way of that idea earlier today.  Nevertheless the GBPUSD is off the highs. The GBP remains the strongest of the major currencies. Adam