Macro Finance
Gold Erases Weekly Gain as Traders Weigh Inflation and Fed Path
Bloomberg Markets·September 20, 2026·1 min read
Gold declined, erasing its weekly gain, as the risk of persistent inflation continued to weigh on the metal. The Federal Reserve's first rate hike since 2023 reassured markets that efforts were in motion to combat inflation, but traders remained cautious about the path ahead.
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