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Gold slipped on Friday as higher oil prices spurred inflation concerns and robust US inflation data strengthened the case for another Federal Reserve rate hike later this year.
Chronology
Gold falls below $4,000 as inflation concerns keep bullion under pressure
Gold slipped on Friday as higher oil prices spurred inflation concerns and robust US inflation data strengthened the case for another Federal Reserve rate hike later this year.
- Investing.com: Gold falls below $4,000 as inflation concerns keep bullion under pressure
- Reuters: Gold slips as higher oil, US inflation data bolster Fed hike bets
- FXStreet: Gold falls to near $4,000 as US PCE data reinforces December Fed hike odds
- The Business Times: Gold drops to near US$4,000 on hot inflation, tech stock sell-off
Gold falls below $4,000 as inflation concerns keep bullion under pressure
Gold slipped on Friday as higher oil prices spurred inflation concerns and robust US inflation data strengthened the case for another Federal Reserve rate hike later this year.
- Investing.com: Gold falls below $4,000 as inflation concerns keep bullion under pressure
- Bloomberg: Gold Steadies Near $4,000 as Inflation Keeps Rate-Hike Bets Firm
- Reuters: Gold slips as higher oil, US inflation data bolster Fed hike bets
- FXStreet: Gold falls to near $4,000 as US PCE data reinforces December Fed hike odds
- The Business Times: Gold drops to near US$4,000 on hot inflation, tech stock sell-off
Gold Steadies Near $4,000 as Inflation Keeps Rate-Hike Bets Firm
Gold steadied near $4,000 an ounce, and was on track for a second monthly loss, as energy-led inflation raised the prospects for a US rate increase before year-end.
Reporting
- Gold falls below $4,000 as inflation concerns keep bullion under pressure
- Gold slips as higher oil, US inflation data bolster Fed hike bets
Gold slipped on Friday as higher oil prices spurred inflation concerns and robust US inflation data strengthened the case for another Federal Reserve rate hike later this year.
- Gold falls to near $4,000 as US PCE data reinforces December Fed hike odds
Gold fell to around $4,015 after September PCE inflation data reinforced expectations of a Federal Reserve rate hike in December. Markets priced roughly a 74.9% probability of a December hike, weighing on non-yielding gold.
- Gold drops to near US$4,000 on hot inflation, tech stock sell-off
The metal is on track for a second monthly loss amid heightened risks of investors selling it
- Gold Steadies Near $4,000 as Inflation Keeps Rate-Hike Bets Firm
Gold steadied near $4,000 an ounce, and was on track for a second monthly loss, as energy-led inflation raised the prospects for a US rate increase before year-end.
Earlier on MacroDigest
- Gold falls below $4,000 as inflation concerns keep bullion under pressure
- Gold falls below $4,000 as inflation concerns keep bullion under pressure
- Gold slips as higher oil, US inflation data bolster Fed hike bets
- Gold slips as higher oil, US inflation data bolster Fed hike bets
- Gold slips as higher oil, US inflation data bolster Fed hike bets
- Gold Steadies Near $4,000 as Inflation Keeps Rate-Hike Bets Firm
- Gold Steadies Near $4,000 as Inflation Keeps Rate-Hike Bets Firm
- Gold slips after Fed holds rates, PCE inflation data in focus
- Gold falls toward $4,040 as Fed outlook leaves traders awaiting inflation data
- Gold slips after Fed holds rates, PCE inflation data in focus
- Gold recovery stalls as Saudi refinery attack claims lift crude, silver retreats
- Gold eases on higher oil prices ahead of Fed decision
- Gold recovers above $4,000 as Oil prices ease, Fed decision looms
- Gold Steadies Near $4,000 as Traders Prepare for Fed Rate Call
- Gold falls below $4,100, silver drops 3.6% as higher oil prices fuel inflation concerns
- Gold slides as Middle East tensions fuel oil price jump, inflation fears
- Gold falls below $4,100, silver drops 3.6% as higher oil prices fuel inflation concerns
- Gold falls below $4,100, silver drops 3.6% as higher oil prices fuel inflation concerns
- Gold falls below $4,100, silver drops 3.6% as higher oil prices fuel inflation concerns
- Gold falls below $4,100, silver drops 3.6% as higher oil prices fuel inflation concerns