Macro Finance
Gold Steady as More Oil and Falling Yields Ease Rate-Hike Bets
Bloomberg Markets·October 6, 2026·1 min read
Gold held gains as increasing oil supplies from the Middle East and a decline in bond yields eased pressure on the US Federal Reserve to hike interest rates this month. The combination of lower yields and reduced rate-hike expectations supports gold's appeal as a non-yielding asset, keeping prices steady.
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