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Macro Finance

Gold Edges Higher as Lower Oil Prices Damp Chance of Rate Hikes

Bloomberg Markets·September 22, 2026·1 min read

Gold edged higher as a slump in oil prices over the past few sessions reduced the chance of further interest-rate hikes by the Federal Reserve to contain inflation. Lower energy costs ease price pressures, supporting bullion's appeal as a hedge against monetary tightening.

Read at Bloomberg Markets
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