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Macro Finance

Gold Holds Decline as Energy-Led Inflation Weighs on Rate Path

Bloomberg Markets·October 19, 2026·1 min read

Gold held a decline as elevated oil prices fueled inflation concerns and clouded the Federal Reserve's path for interest-rate hikes. The precious metal's slide reflects investor caution over energy-driven price pressures, which complicate the central bank's monetary policy decisions and weigh on the outlook for rate cuts.

Read at Bloomberg Markets
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