BNB$712.92+0.90%BRENT$107.68+0.05%BTC$76,797+0.00%COPPER$6.45-0.30%DJI$52,064-0.60%DOGE$0.0832+0.85%DXY99.03-0.01%ETH$2,453+0.19%GOLD$4,325+0.18%NDX$29,104-1.08%SILVER$63.44-0.18%SOL$99.06+0.20%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.84+13.49%BNB$712.92+0.90%BRENT$107.68+0.05%BTC$76,797+0.00%COPPER$6.45-0.30%DJI$52,064-0.60%DOGE$0.0832+0.85%DXY99.03-0.01%ETH$2,453+0.19%GOLD$4,325+0.18%NDX$29,104-1.08%SILVER$63.44-0.18%SOL$99.06+0.20%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.84+13.49%
MoneyMarket365.comReal-time markets + AI-ranked and AI-analyzed financial news
·Confidence 85%

Gold Declines as Inflation and Oil Prices Fuel Rate Hike Bets

Gold ↓ Strong

Key takeaways

  • Gold: Gold — Strong bearish
  • Gold prices continue to fall as rising oil prices and a recent US inflation report strengthen expectations for a Federal Reserve interest rate hike next week.
#Gold#Inflation#Federal Reserve#Interest Rates

Analysis

Gold prices continue to fall as rising oil prices and a recent US inflation report strengthen expectations for a Federal Reserve interest rate hike next week.

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