Macro Finance
Gold Holds Decline as Mideast Flare-Up Raises Fed Rate-Hike Bets
Bloomberg Markets·August 31, 2026·1 min read
Gold steadied after a two-day drop as the US and Iran exchanged strikes for the first time in a month, raising odds that rising energy costs push up inflation and pressure the Federal Reserve to lift interest rates. Investors weighed the impact on monetary policy.
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