Macro Finance
Gold Extends Decline as Warsh Speech Raises Fed Rate-Hike Bets
Bloomberg Markets·August 30, 2026·1 min read
Gold extended its decline, falling more than 3% on Friday, as Federal Reserve Chairman Kevin Warsh's pledge to fight inflation boosted bets the US central bank will raise interest rates before year-end. The precious metal's slide continued amid rate-hike expectations.
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.