Macro Finance
Gold Extends Fall Below $4,000 as Market Watches Fed
Bloomberg Markets·November 12, 2026·1 min read
Gold fell for a third day, dropping below $4,000 an ounce after persistent US inflation and hawkish Federal Reserve remarks reinforced expectations for a series of interest-rate hikes. The decline extends a slide as traders adjust to the prospect of tighter monetary policy, weighing on the metal's appeal as an inflation hedge.
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