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Macro Finance

Gold Falls to July Low as Inflation Concerns Weigh Before Fed

Bloomberg Markets·October 23, 2026·1 min read

Gold prices fell to their lowest level since July as rising energy costs and weakening US consumer sentiment stoked inflation fears ahead of the Federal Reserve's next policy meeting. Investors are bracing for potential rate hikes, with the precious metal under pressure from a stronger dollar and higher yields.

Read at Bloomberg Markets
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