Gold Trades Near Seven-Week Low as Rate-Hike Pressure Mounts
Gold held a sharp decline as the deadlock between the US and Iran over the Strait of Hormuz continued to keep energy costs elevated and maintained pressure on the Federal Reserve to hike interest rates.
Read the full story at Bloomberg Markets ↗
ImpactNotable 45/100
Why it mattersGold prices near seven-week low due to rate hike pressure.
RegionsGlobal
Published4 h ago (Tue, 29 Sep 2026 00:02:41 GMT)
RetrievedTue, 29 Sep 2026 01:00:46 GMT via rss
ClassifiedTue, 29 Sep 2026 01:05:52 GMT by mealissa:qwen2.5:14b
AuthorYihui Xie