Macro Finance
Gold Rises as Softer Inflation Data Tempers Fed Rate-Hike Bets
Bloomberg Markets·October 1, 2026·1 min read
Gold prices rose as softer US inflation data reduced expectations that the Federal Reserve will raise interest rates at its next meeting. However, high bond yields kept the door open for renewed selling, limiting gains. Investors are now watching for further economic data to gauge the Fed's policy path.
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.