Monday, 5 October 2026Updated 12m ago
Market move▲ Bullish for Indian equities

Gold gains as fading Fed hike prospects support prices

2 sources · first seen 07:42 5 Oct · updated 07:42 5 Oct

The brief

Written from 2 reports · check the source before you trade
  • Gold rose as October US rate-hike prospects faded
  • Higher gold prices can benefit Indian gold-loan lenders and jewellery companies, while raising bullion costs

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Linked by the tag US Fed

142 stories this week
  1. 5 OctAsian stocks advance as soft US jobs data cools Fed rate-hike betsMarket move · 5 sources · MSCI Asia-Pacific index gained 0.4%-0.5%
  2. 4 OctLet exchange rate act as shock absorber: IMF on Fed hike impact on IndiaMarket move · 2 sources · The IMF says India’s impact depends on the Fed tightening’s magnitude, pace and persistence
  3. 4 OctFed and ECB minutes to detail inflation concerns as rate-hike bets fadePolicy · 2 sources · Both central banks raised benchmark rates at last month's meetings
  4. 2 OctWeak US jobs report dims odds of an October Fed rate hikePolicy · 4 sources · US employers added 29,000 jobs in September, versus 90,000 expected
  5. 2 OctUS adds 29,000 jobs in September, well below expectationsData · 3 sources · Hiring fell short of forecasts of 84,000–90,000 jobs
All US Fed stories →

Read the reports

2 reports · earliest 07:42
ReutersGold gains as October Fed rate hike prospects fade07:42MintGold gains as October Fed rate hike prospects fade07:42