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Macro Finance

Gold Holds Drop as Middle East Fighting Stokes Inflation Fears

Bloomberg Markets·October 12, 2026·1 min read

Gold held a loss as the spreading conflict in the Middle East stoked fears that further energy supply disruptions could keep inflation elevated and increase the prospects for interest-rate hikes. Investors weighed geopolitical risks against monetary policy expectations, with bullion under pressure from potential rate increases.

Read at Bloomberg Markets
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