Macro Finance
Gold Extends Gain as Lower Oil, Fed Hike Temper Inflation Fears
Bloomberg Markets·September 18, 2026·1 min read
Gold extended its gain at the end of a volatile week. The Federal Reserve's first interest-rate hike since 2023 and lower oil prices tempered inflation concerns, supporting bullion. Investors hedged against lingering price pressures while betting the rate increase would curb runaway inflation. Gold's safe-haven appeal strengthened amid mixed economic signals.
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