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Macro Finance

Gold Wavers as Oil Eases With Traders Focused on Fed Rate Path

Bloomberg Markets·October 21, 2026·1 min read

Gold prices swung on Tuesday as oil's rally cooled and US Treasury yields retreated, with traders focused on inflation and the Federal Reserve's interest rate path. The precious metal's volatility reflects uncertainty over the Fed's next moves, while easing oil prices provided some relief. Investors await upcoming economic data for clearer direction on rates.

Read at Bloomberg Markets
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