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Macro Finance

Gold Falls as Inflation Fears Revive Fed Interest-Rate Hike Bets

Bloomberg Markets·September 22, 2026·1 min read

Gold prices fell as renewed strength in energy prices, particularly oil, and the latest US data on manufacturing and services reinforced bets that the Federal Reserve will raise interest rates to fight inflation. Higher rates typically boost the dollar and weigh on gold, which pays no interest.

Read at Bloomberg Markets
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