Macro Finance
Gold Holds Loss as Hot Inflation Lifts October Rate-Hike Bets
Bloomberg Markets·October 14, 2026·1 min read
Gold held a decline as a jump in US inflation stoked worries the Federal Reserve will have to raise interest rates further to keep prices under control. The precious metal's losses were sustained as traders increased bets on an October rate hike, weighing on demand for non-yielding assets.
Read at Bloomberg MarketsDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.