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Macro Finance

Gold Edges Up as Lower Oil Prices Pare Rate-Hike Expectations

Bloomberg Markets·October 12, 2026·1 min read

Gold prices edged higher as sliding oil prices fueled optimism that central banks might pause interest rate hikes, while lower bond yields reduced pressure on the metal. Traders interpreted the energy decline as a potential brake on inflation, supporting safe-haven demand.

Read at Bloomberg Markets
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