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Macro Finance

Gold Holds Drop as Rising Oil, Inflation Bolster Rate-Hike Bets

Bloomberg Markets·September 10, 2026·1 min read

Gold held a decline as the latest US inflation report and surging oil prices bolstered the case for the Federal Reserve to hike interest rates next week. The precious metal's drop reflects growing expectations of tighter monetary policy amid rising price pressures.

Read at Bloomberg Markets
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